In the US alone, the unfulfilled small business lending market was estimated to have reached $96.5 billion in Q4 of 2015. That’s a lot of lending mouths going hungry, but also a big pie up for grabs by those smart enough to work out how to actually lend to the sector at scale.
BI Intelligence estimates that by 2020, alternative small business lending platforms will feed approximately $52 billion of this unmet demand, gaining a 20.7% share of the lending pudding, a handsome uptick from the $5 billion it is estimated it lends out to the sector today.
