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.

By Thomas Bridge | 26 April 2013

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.

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Popular articles by Thomas Bridge

  1. Autumn Statement: Hammond 'reinforces' Universal Credit with benefit tweaks
  2. 'United action necessary' as homelessness numbers soar
  3. Hammond expected to tackle housing, care and 'Jams'
  4. Making change happen
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