1 Funding Circle Limited is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 635439. Funding Circle is not covered by the Financial Services Compensation Scheme. Registered in England (Co. No. 06968588) with registered office at 3 Dorset Rise, London, EC4Y 8EN. &
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A Business Lending Revolution: How SMEs are benefiting from peer-to-peer lending | Accountex 2015
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Funding Circle Limited is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 635439.
Funding Circle is not covered by the Financial Services Compensation Scheme. Registered in England (Co. No. 06968588) with registered office at 3 Dorset Rise,
London, EC4Y 8EN.
&
• What is Alternative Finance
• Funding Circle
• The Future of Finance
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Contents
• The “big 4” dominate the SME market
• 70% to 85% market share
• Finance gap between £84 – £191 billion over next 5
years (Breedon Report)
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The Status Quo
BIS Consultation Dec 2014:
• 71% of SMEs who look for funding only approach one provider
• >50% of all cases this will be their main bank
• 37% of SMEs appear to give up their search for finance and
cancel their spending plans after their first rejection