Peer-to-peer lending between SMEs and investors could emerge as a challenge to existing bank lending models, a report suggests. A study from innovation foundation Nesta has found small businesses are turning to peer-to-peer platforms to raise capital, a model which could deliver as much as £12.3bn in annual business lending.
ECONOMIC GROWTH
SME peer-to-peer lending could solve capital crisis
Peer-to-peer lending between SMEs and investors could emerge as a challenge to existing bank lending models, Nesta report suggests.
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