This independent report by Ares & Co has been commissioned by TheCityUK examines the critical role that alternative finance can play in complementing bank lending to SMEs and mid-market companies.
This report reviews major current developments and trends in alternative financing and assesses their potential for substantial real economy impact to drive economic growth in Europe.
It identifies a number of promising opportunities in the alternative financing field, such as the development of private placement markets, the re-opening of SME loan securitisation markets as a mechanism to increase – especially longer term – funding for smaller and mid-market companies, the establishment of an institutional market in untranched whole loan conduits, the encouragement of credit rating services for mid-market companies and the provision of a credit information exchange for SMEs and mid-market companies.
