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Our predictions for alternative finance in 2016
2015 was a year of significant growth in the UK Alternative Finance market with equity investments on the biggest crowdfunding platforms growing to £198 million in December.
Before that, in the three-year period between 2013 and the end of 2015, research showed that the amount of alternative loans provided to UK businesses grew from $400 million to $6.7 billion.
This 1675% growth is fantastic for both the alternative lending industry and SMEs, who are often considered to be the backbone of the UK economy.
And that's only the beginning.
In this post, GrowthFunders' co-founders, Craig and Norman Peterson, share their 6 predictions for the Alternative Finance marketplace in 2016.
Let us know your alternative finance-based predicitons for 2016 by leaving us a comment in the box below.