Fintech Insider Podcast by 11:FS cover image

876. Insights: Can fintech plug the SME funding gap?

Fintech Insider Podcast by 11:FS

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Evolution and Challenges in SME Lending Landscape

The chapter explores the evolving SME lending market dynamics, highlighting the rise of alternative lenders and the role of brokers in guiding businesses to suitable financial solutions. It emphasizes the importance of understanding businesses' unique challenges and the significance of tailored support for a better customer experience in SME lending. The discussion also touches upon the dominance of major banks in the UK business account market, posing challenges for alternative lenders in attracting SME clients.

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