HSBC’s £10bn SME chest shows alternative finance is integral for small businesses
5th May 2016
Real Business, one of the UK's leading websites for news, advice and opinion for entrepreneurs and business owners, published a thought leadership piece by Fleximize's Max Chmyshuk.
The article focuses on HSBC's announcement of a £10 billion SME funding initiative and how it highlights the integral role of alternative finance in small business funding.
The best way to underwrite SME risk is somewhere in the middle – leveraging data to automate mundane analytical tasks but also having a human element such as an underwriter to discuss the business, thus ensuring the story and future plans match the data, and the financing is suitable and affordable.
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