Traditional Conservative Bank Lending Models Are Not Supporting SA Small Business Owners  Small businesses in South Africa provide more than 65% of the country’s total employment and contribute over 50% towards the country’s Gross Domestic Product (GDP). However, accessing finance from banks is a particularly difficult process that often doesn’t have a positive outcome. In fact, if you consider that five out of seven SA SMEs fail in their first year of trading, mostly due to cash flow problems; it is clear that improved financial support could empower more SMEs to realise their potential and significantly grow the South African economy. Yet, South African banks are not challenging the historical lending processed to provide innovative solutions to support SMEs with improved access to finance. They remain locked into process and security driven lending models that systematically exclude many SMEs. At the core of the issue is the inflexible, heavy weight of banking structure and...