News Briefing - Crowdfunding, SME And Alternative Finance

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1.UK – SMEs

Best Advice reports on the reasons why SMEs seek funding.

“UK SMEs plan to increase their borrowing to capitalise on summer spending, according to research from Nucleus Commercial Finance.

Summer was considered the most important season for 21% of SMEs, with 40% expecting their income to increase over this period.

For those businesses that believe summer is the key season, 56% plan on accessing alternative finance to capitalise on the opportunity a busy summer provides. The top three reasons for this are:

  • To expand across the UK over the summer – 19%
  • To increase staff count (17%)
  • To launch new products or services (13%)”

2. UK – P2P / Real Estate

P2P Finance News offers an overview of property-backed lending platforms.

3. US – FinTech

Apple approves a debt app for SMEs

4. US – FinTech

Wharton Business School researchers argue for greater transparency in investment platforms.

5. International – FinTech

A crypto trade organ offers an unusual view of the ecological impact of its sector.

Bitcoin's Impact On The Environment Is Largely Fiction, Claims Prominent Energy Specialist | NewsBTC