Fifty-six per cent of SMEs are unfamiliar with any form of alternative finance. Of those SMEs, 9% that were familiar with at least one form of alternative finance, stated not having enough knowledge about alternative finance platforms as the main reason for not using them.
To help make it easier for SMEs to learn about alternative finance for their business, Merchant Money have compiled a whitepaper from the best resources currently available.
The main benefits for small businesses are the flexible funding options available, the ease with which you can apply, the fact that you re far more likely to have your application accepted and the better terms that you can secure for your business.
Click here to download the Alternative Finance Guide