Commercial banks’ small business lending culture and the posture of our Business Support Organizations

Twice last week, during the course of interviews relating to stories published in the Stabroek Business raised with interviewees issues pertaining to the relationship between commercial banks and sections of the private sector in relation to the latter’s disposition to commercial bank lending for investment in small business initiatives, particularly in the manufacturing sector. More than any other local news medium the Stabroek Business has been providing sustained coverage of small business pursuits particularly, though not exclusively, in the agro processing sector and one of the recurring themes of that coverage has been the difficulties being faced by emerging entrepreneurs in securing funding from the commercial banks for investment in startups and newly emerging businesses.