With the sluggish economy and bank loans falling for 11th consecutive months, the future of SME business loans from Banks does indeed look bleak. In an environment where SMEs find it hard to get financing from banks, they must look to alternate ways of funding. This is where P2P Lending can take it’s place in the financial environment in Singapore. With traditional business loans taking a dive, alternate ways of financing, i.e. Invoice Financing, can be looked upon as a saving grace for many SMEs that have been rejected for a traditional business loan by Banks.