Growing demand for alternative lending

By Loren Webb · 14 August 2019 · News

Growing demand for alternative lending

Alternative Lending on the Rise

Australian small businesses are turning to non-bank lenders in droves, but what does this shift mean for the future of finance? Discover the surprising results of PayPal's latest research and find out why alternative lending is becoming the new norm.

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Summary

New PayPal research reveals growing demand for alternative lending, with 42% of Australian SMBs saying they have used a non-bank, alternative lender. PayPal Australia has today announced that it has provided over $500 million (AUD) of finance to Australian small business through its alternative finance offering, PayPal Working Capital. Demonstrating the demand for faster, flexible […]