Lending Growth

Explosive Growth in The UK’s Alternative Finance Market

The alternative finance market is currently booming. By the end of this year the market is expected to be worth £1.74bn. Next year  even more rapid growth is expected, and it has been predicted that the market could be worth around £4.4bn by the end of next year. Types Of Alternative Finance  Nesta, Britain’s innovation foundation, and the University…

SME lending

SME Lending Up 55% in September

Improvements in SME Lending Conditions Small businesses have benefited from record levels of financing thanks to a long awaited improvement in SME lending conditions, and a rise in fresh lenders including; peer-to-peer lender Wellesley & Co., founded in 2013, and Shawbrook Bank, established in 2011. Additionally, a report from the Bank of London and The…