How can SMEs raise capital if banks are unwilling or unable to help in a recession

-On BBC World Service claim 25 of the worlds’ population are in self isolation
-Entrepreneurs and owners of SME businesses thoughts will be turning to how do they rebuild their businesses once the restrictions are lifted.
– Given the prospect of a recession due to the coronavirus pandemic banks are unlikely to be falling over themselves to lend money
– Equity markets have been extremely volatile and in any rate we have seen according to The FT a 20% decline in IPOs in 2019 globally

– Digital Assets offering real innovation ParkinGo operate car parks at 80 airports in Europe looking to raise €15m and will be paying investors a % of their revenue NOT profits.
– PhilGold just launched on a Hong Kong digital exchange offering a Digital Asset backed by Gold
– Fat burger (buys fast food franchises) issued a Digital Assets worth $40 m debt backed.
– Not more ICOs but Compliant Coin offering on their way?These 3 Digital Assets illustrate what is possible
– We need governments and regulators to do all they can to embrace new ways help SMEs raise capital. After all SMEs account for 3/5 of workers and more than half of UK private sector turnover.

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