The alternative finance market has made huge strides in recent years as businesses which have typically been starved of traditional bank lending, such as overdrafts and loans, have sought another route to raise finance.
The likes of crowdfunding and peer-to-peer finance, in particular, are increasing in profile and enjoying impressive growth, enabling businesses to secure funding from online investors through dedicated websites.
£3.2
billion
Estimated volume of alternative finance provided during 2015
84%
Annual increase in alternative finance in 2015
295%
Year-on-year growth in equity-based crowdfunding in 2015
There is a wide range of funding platforms to consider when looking at alternative business finance. While they can broadly be narrowed down to crowdfunding and peer-to-peer lending, the options within these categories can be vast.
Here’s more information on these two alternative finance products to help you explore whether they’re right for you. Alternatively, contact our team today and we’ll assess which option is the most suitable solution according to your funding requirements.
We were really impressed with the speed at which we could get a facility in place. Hilton-Baird recognised and related to our situation and worked with speed and efficiency to get us up and running.
Steve Marney, Managing Director, South East Construction & Recruitment
Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders
