Of the 3,800,000 companies in France, only 3.7% are small- and medium-sized enterprises (SMEs) excluding microenterprises according to . In Germany, on the other hand, there are more than 470,000 SMEs within the construction and engineering/machinery sector alone. Wherever they operate, these compact, flexible, but often vulnerable, companies encounter specific business challenges due to today’s changing economic landscape. These include rising interest rates and supply chain problems. Another issue is growth limitations, which can occur because of classic risk scenarios, as well as difficulties in obtaining financing for operating their businesses.
Against this backdrop, has an important role to play. Thanks to the flexibility and security it provides, it can help SMEs overcome challenges and grow their business. Additionally, by spreading and sharing the risk, surety bonds from trade credit insurers can be a valuable complement to traditional financing options.