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The Global Credit Outlook 2024 by S&P Global Ratings highlights how the end of cheap money represents a return to credit fundamentals and liquidity analysis in the face of a higher cost of debt, increased maturities, and slowing economic activity. We present some of the key take-aways for the mid-market.

Picture by Stein Egil Liland (https://www.pexels.com/@therato/)
Picture by Stein Egil Liland (https://www.pexels.com/@therato/)

Small and medium-sized enterprises (SMEs) play a vital role in the economy of Scandinavia, accounting for a significant portion of the region's GDP and employment. However, despite their importance, SMEs in Scandinavia challenges when it comes to funding their operations and growth.