Harder to get access to external credit for companies according to Krea's latest financing report
Krea's new financing report shows that companies increasingly have problems securing external credit. In the past two years, the approval rate for creditworthy companies has dropped from 89% in Q4 2021 to 70% in Q3 2023. Although the approval rate stopped falling in Q3 2023, the future is still uncertain for Swedish entrepreneurs.The financing report for companies is made with the aim of providing a picture of the credit market for small and medium-sized companies in Sweden. The insights in the report, which are based on data from applications on Krea's platform between 2019-2023, show,