Finance

SME banking: Business banking done differently

September 26, 2022

SME banking: Business banking done differently
Small and medium-sized enterprises (SMEs) are a big deal in almost every country. Around 90% of businesses worldwide are SMEs and they provide more than half of all jobs, according to the World Bank. SMEs also make an outsized contribution to national income, ranging from up to 40% in emerging economies1 to around 55% in Europe.

Spotlight

Innotec

Innotec supplies products to customers through uniquely automated manufacturing processes. Founded in 1992, it is the company's continuing mission to expand its full service supplier capabilities while striving to retain a small company atmosphere. To do this, Innotec is growing horizontally integrated satellite companies and product focused divisions. These satellites and divisions offer Industrial Design, Engineering, Assembly, Purchasing, and Logistics. The PRINCIPLES we hold tightly to help make our customers successful and us fun to work with. We don't feel like a normal supplier​. Innotec consists of higher caliber PEOPLE who are working for a greater purpose.

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