SMEs: Are you a size S, or a size M?

We’ve all learned about economies of scale in school (and if you were absent that day, this podcast will provide a quick recap on this, as well). So why is everyone talking about financing the small guys, the SME-s, instead? And it’s not just talk either: the European Investment Bank Group is investing a lot of money in SME’s.

In this episode of A Dictionary of Finance podcast, Matt and Allar challenged EIB Group’s top SME specialists, Helmut Kraemer-Eis and Pedro Eiras Antunes, and found out that 99.8% of enterprises in Europe are, in fact, SME’s. And that they provide employment to 91 million people! They also ask what is collateral, who are angel investors, and many other questions so you never have to.