CAPITALBOX IN THE MEDIA
Non-Bank Lenders Are They Key To European Sme Survival
This article previously appeared in Finance Derivative
Despite the recent gloom however, the majority of SMEs remain positive about the future with only 19% of firms thinking that the pandemic will still have a negative impact in a year’s time. Does this mean there is hope in sight for those we consider the backbone of the European economy?
Alternative lenders become beacon of hope for SME community
This article previously appeared in Global Banking and Finance
This is the time for alternative lenders to shine and be the catalyst for economic recovery once again. The pandemic allowed us to bring to the forefront the need to adapt quickly using technology. We are able to change our scoring algorithms and processes to deal with the crisis and continue to serve, albeit at lower volumes, the companies not being served by conventional banks.
Manufacturing output volumes have fallen at the fastest race on record
This article previously appeared in IT Supply Chain
"There are ongoing struggles in the manufactory industry - especially to SMEs. The beginning of the pandemic witnessed how China impacted SMEs in Europe before lockdowns had even commenced. Since our own lockdown, the result is an impending recession."