The Growing Alternative Finance Industry

From James Mackonochie at OFF3R Ltd:

“Peer to peer lending levels continue to rise in the UK. The first half of 2017 has an increase of over £350 million from the previous half year period at the end of 2016.The news is positive for the P2P Lending sector that is benefitting from the low interest rate environment the economy is currently in. As with equity crowdfunding, it will be very interesting to see how the P2P lending sector performs in the second half of 2017. ”

Peer to peer lending is fast growing in UK and other western areas. The similar trend is to be observed in Asia as well. Singapore, the Fintech Hub in Asia, has a large market of P2P lending especially in SME financing sector. A billion-sized market is helping SMEs obtain better working capital solutions. The range of products offered by P2P lending contains invoice financing, PO financing and a lot of new things are coming soon in the market.

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3 Ways To Free Up Cash and Grow Your Business

From Megan Totka at Small Business Trends:

“Nearly every business that exists shares a common goal: to make more money and find financial success. You have to constantly focus on cash flow management, profitability and increase the value of your business if you want to prosper. Invoice factoring companies let you turn current, unpaid invoices, into cash without adding new debt. Free up your cash to help you meet payroll, add new products and services to your offerings and extend the geographical reach of your business. Factoring companies allow you to transform your business cash flow and will give you the access to the funds you need without worrying about invoices staying open as long as 120 days. Instead of sitting and waiting for payment, you can proceed with new work, pay employees, or buy needed supplies. Check the online Factoring Directory to help you find the best factoring that aligns with your business needs.”

SMEs need to take steps on improving cash flow management to free up the needs for working capital. Besides getting early settlements on payment and improving marketing, modern invoice financing is a great tool supporting SMEs to have steady cash flow for the operation. Supported by current fintech era, P2P lending in Invoice Financing is changing the way people invest and how SMEs are getting loan. In Singapore, the biggest lending platform Capital Match is providing efficient and reliable source of alternative funding for SMEs. Continue reading