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Ep546: Why agile FinTechs can still outpace banks in SME lending
Published 3 years, 2 months ago
Description
Will Tumulty, CEO & President, Rapid Finance
Around a fifth of all new SMEs fail within the first 12 months and the number one dilemma facing small businesses is lack of access to working capital. While not every business can be saved and made a success, we suggest that there is more that innovative FinTech lenders can do that banks cannot or will not. Robin Amlôt of IBS Intelligence speaks to Will Tumulty, CEO and President of Rapid Finance.