EXPERTS URGE BUSINESSES TO FOCUS ON RESILIENT FINANCING, NOT JUST CAPITAL ACCESS

Experts have advised businesses and entrepreneurs to view financing as a tool for building long-term resilience rather than simply a means of raising funds for short-term needs.

They said access to capital alone is not enough to guarantee business success, stressing the importance of using financing to strengthen operations, improve productivity, manage risks, and create sustainable growth models.

Industry stakeholders noted that many businesses struggle not because of a lack of funding opportunities but due to weak financial planning, poor cash flow management, and limited strategies for adapting to economic changes.

They encouraged companies to adopt smarter financing approaches that align with their long-term goals and prepare them to withstand market uncertainties.

According to experts, businesses should focus on building strong structures, improving governance, and investing in innovation to attract the right type of funding.

They added that a resilient financing approach will help businesses survive economic pressures, expand sustainably, and contribute more effectively to job creation and economic development.