What do SMEs look for in a funder?
4 July, 2023
Last year, the number of brokers who have diversified into commercial lending exceeded 6,000, driven by SMEs’ demand for alternative funding sources.
But just what do SMEs look for in a funder?
In the post-pandemic world, everyone expects things to happen faster – and funding decisions are no exception.
“The sooner a small business can access funds, the sooner it can take steps to get growing,” said Cameron Poolman, chief executive at OnDeck. “An opportunity to purchase discounted stock, for example, can be very time-sensitive.”
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