How Are Alternative Lending Platforms Filling the Financing Gap?

[johnblockbuster]

Digital lending platforms and crowdlending models have emerged as effective alternatives to traditional SME finance. These platforms use automation, data-driven risk assessment, and online onboarding to dramatically reduce friction and approval times.

According to ResearchAndMarkets, Europe’s alternative lending sector is expected to grow at a double-digit annual rate through 2029. Many platforms can process SME funding requests within one to two weeks, compared with months in traditional banking, making capital more responsive to real business needs.

[madmax]

waiting months for bank approval in a fast market is basically a death sentence