SERVICES:

·  Design of financing and guarantee programs

·  Preparation of securitization projects for small business loans

·  Risk assessment, management, control, and hedging

·  Program cash flow modeling

·  Program measurement and evaluation

·  Advise on governmental appropriations for subsidy requirements

·  Design of performance and accounting database requirements

·  Research and comparative analysis of international small business programs

·  Training for borrowers and Small Business Agencies in financial and business management techniques

The Small and Medium Enterprise (SME) sector is the foundation  of strong and vibrant domestic economies. SME’s are a major source of local employment throughout the world, in general providing around 75% of the jobs in local economies and, more importantly, generating most of new employment positions. In addition, this sector very often contributes to a significant share of national private output, and is regularly an important participant  in the export of goods and services. SME’s also serve a vital role as change agents in the continuing evolutionary process, as economies transition from primary production stages to industry and manufacturing, and to services and information technology.   In this sense, SME’s provide the platform for experimentation and innovation leading to technological conversion and productivity growth, promoting the testing and implementation of new ideas and concepts in the marketplace.  Small business activities tend to transform market structures by maintaining a proactive evolutionary state based on innovation and flexibility.

Moreover, SME’s facilitate a democratic economic system by equalizing opportunities among members of local societies.  Small businesses are the vehicles through which millions of enterprising citizens, young and old alike, minorities or otherwise, are given the opportunity to join the economic and social mainstream of their countries.

A thriving SME sector provides the social glue that binds communities together and advances an open economic society consistent with national goals of social harmony, equal opportunity and upward mobility.

SME success can be promoted by means of suitable and opportune financing and technical support programs. Alcons, TFA provides specialized consulting with the intention of participating in the advancement of this key sector of the economy.