Banks urged to craft new lending models for entrepreneurs who can’t meet existing rules

At the seminar

President of the Georgetown Chamber of Commerce and Industry (GCCI), Clinton Urling made a pitch for commercial banks to come up with different lending models to cater for businesses that would not qualify under existing rules.

He was speaking at a forum last week on the banking sector held at the Pegasus Hotel.

Urling was one of several officials who addressed the GCCI-organized forum. He noted the importance of examining different financial models to eventually pave the way for every prospective borrowing business owner to be given a fair chance at accessing loans for development.

“We have young entrepreneurs they are excluded from