UK alternative finance industry grows 46% in 2016

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.
​