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Alternative financing is a great solution which will bring business to a new level. Britainloan will anyway stay demanded in the nearest future but more relevant option would display it in a long-term period. This is an impetus to create new better products and to reduce price.
This is great and will save businesses a lot of time and stress should they be rejected by the banks. No doubt a rejection from the bank can leave SME's feeling deflated but being given an alternative means they can remain hopeful.
There are so many alternatives out there, such as cash advances from the likes of United Kapital , online lenders such as Capiota, crowdfunding, angel investors, invoice finance, etc - I do wonder what kind of alternatives the banks will be referring to.