Though the financial market down under is different from the US market in many respects, one thing remains the same – small businesses are getting denied funding from the 4 major banks and these businesses still need capital! Alternative lending is picking up speed in the Australian market and US lenders are watching. With Kabbage and OnDeck blazing the trail, what opportunities are they finding and will this be as lucrative a market as the US? Click here to read more about how alternative lending invades Australia.
Photo Credit: Bob Denelzen