Tag: SME Finance
Bank SME lending surges, alt-lenders flop
Marketplace lending platform Biz2Credit has published its latest small business lending index, and the numbers signal A rise in SME lending and some rough waters ahead for alternative finance. Read more: www.pymnts.com
Local alternative lending is enabling growth outside the city
The UK’s major banks are required to refer the businesses they turn down for a loan to an alternative provider, for example P2P platform, Folk2Folk. Read more: www.cityam.com
Timelio adds new weight to Aussie AltFin market
Australia’s bourgeoning alternative lending scene saw new investment Friday when reports emerged that Timelio raised more than $3.7m. Read more: www.pymnts.com