'Direct lending platforms have opened up the SME loan asset class for the first time'
'Direct lending platforms have opened up the SME loan asset class for the first time'
![SachinPatel_FundingCircle.jpg SachinPatel_FundingCircle.jpg](/l/en/library/download/urn:uuid:021e28f1-0ccf-4ffa-b298-de98f56a400b/sachinpatel_fundingcircle.jpg)
According to Sachin Patel, Chief Capital Officer at Funding Circle, small businesses (SMEs) around the world are still underserved by traditional lenders, ten years on from the financial crisis . Direct lending platforms have evolved to successfully address this problem; in doing so they have opened up the SME loan asset class to a variety of investors thereby ensuring that the engine of the real economy has access to much-needed finance.
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