BT EXCLUSIVE

Coming soon: a central platform for SME loans?

It will cut paperwork, save time; PwC is getting lenders onboard and hopes to roll it out by early next year

Singapore

IMAGINE a single platform where all of some 270,000 small and medium-sized enterprises (SMEs) here can get a loan quote from multiple banks - with just one application.

This could slash the time taken to secure a loan from an average of seven weeks down to two, with SMEs