Kheng Leong Lee, Asia-Pacific Representative of HPD LendScape, discusses about the impact of COVID-19 on Asian SMEs and how supply chain finance can support them during this difficult time.
The COVID-19 pandemic has exerted catastrophic pressure on businesses around the world and Asian businesses have not been exempted. Following unprecedented disruption to supply chains and an economic crisis similar in scale to the Great Depression, many of the region’s SMEs – APAC’s economic backbone and critical to its economic recovery – are struggling to access the finance they need to weather the storm.
