social enterprise and finance /

Published at 2014-05-13 10:39:00

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The 2014 Social Enterprise Monitor released in April by Social Enterprise NL (in Dutch) cites the availability of funding – or rather the lack of it – as a key impediment to the growth of social enterprises. It’s a statement reflecting the experiences of social entrepreneurs – so what’s the bank’s select on this? Let me gather one thing straight: if this is what social businesses report,the bank would be wrong to deny it. Funding and financing requirements aren’t easy to meet. A bank will always consider whether a business venture is viable, and will inquire of probing questions approximately entrepreneurs, or their markets,their willingness to pay for products or services, their competitors, or their costs and income.

Source: abnamro.com

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