Alternative finance for small businesses

“How can I fund my business when my bank won’t lend to me?” is a question we often hear from small businesses struggling to source funding from traditional sources and have even had their existing funding arrangements withdrawn or reduced with little or no notice. What is alternative finance? Alternative finance is a catch-all term encompassing a range of emerging and lesser-known lending options. Research from Touch Financial has revealed that most small businesses aren’t aware of alternative sources of finance. Not surprising when 80% of businesses whose applications were rejected by a bank said they were not given any

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