Total alternative finance in the UK grew by 43% to £4.6bn in 2016, the annual report from Cambridge Centre for Alternative Finance confirms. Peer-to-peer business lending grew by 36% to reach £1.23 billion in 2016, while invoice trading grew 39% to £452m.
Major players in this space include Marketinvoice, Funding Circle, Platform Black, Growth Street and Thincats.
We work with alternative finance providers when appropriate for a business. For more information or to enquire about funding for your business, contact us today.
Birmingham | Leeds | Liverpool | London | Manchester | Nottingham | Sheffield
Liquidity Club, 9th Floor, Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX.
Part of the Finance 4 Business Group
© COPYRIGHT 2017. ALL RIGHTS RESERVED.