For a lot of SMEs it is a hassle to get a loan from their trusted bank. Especially after the financial crisis SMEs are seen as high risk business. They have only a little choice where they borrow money from.
Even if they get a positive decision from the bank side, they have to wait weeks over weeks until the money is on the account. This long processes could put them into liquidity shortage or bankruptcy!
But the growth in the fintech scene has shaped the SME lending market for the better. Getting access to funds is faster, easier and cheaper than ever before.
There is still a long way to go and big market to conquer until all SMEs have access to this wonderful solutions. However, one thing is for certain, this is an exciting time for both the German SMEs and its thriving fintech market.
In this Meetup we invite fintechs that are drivers for a better lending experience. And we invite you to an evening full of discussion about B2B fintech, liquidity management and how we can help German SMEs to grow faster.
Stay tuned for the line-up!