archiveSMEs

Small and medium-sized enterprises (SMEs) often face financial constraints when acquiring new equipment due to the high upfront costs. Leasing machines provide a lucrative alternative as they enable SMEs to access high-quality equipment without making a significant financial investment upfront.   This practice has become widespread in developed countries, and Asia Pacific leads the global machinery leasing market with a 37.3% share, followed by North America and Western Europe. Africa and South America are expected to experience significant growth in this market, with the Middle East and Eastern Europe not...

Globally, SMEs are important to national economies because they create jobs, generate value, and support innovation. The pursuit of environmental sustainability and more inclusive growth depends heavily on SMEs. SME contributions can be strengthened with better access to global markets and knowledge networks, but barriers to trade and investment weaken SME participation. Also inadequate physical and ICT infrastructure prevents SMEs from operating effectively and gaining access to global markets at competitive prices.  And in order to solve these issues, companies require a platform that will benefit them in the long...