Report Overview

Global Online Financing Platform for SMBs Market: An Overview

Online financing is a method of debt financing under which different individuals can lend and borrow money using the online platform. The systems eliminate the involvement of middleman or banking institutions. The loans allotted by the lender help the individuals and companies to generate income in the form of interest. Additionally, the borrowers can have easy access to financing, which is difficult for them to procure if they approach a standard financial intermediary. The amount of interest levied against the loan is lower compared to the traditional prime loans that offer to compensate lenders for bearing the risk of non-payment from the borrowers. Investors fund only a limited sum of the loan and spread the amount of the loan across many buyers. The investors receive steady, attractive returns while providing the least risk to multiple borrowers. Global Online financing platform for SMBs market is expected to grow at a CAGR of around 53 percent during the period from 2020-2026.

Global Online Financing Platform for SMBs Market: Market Dynamics

After a number of the global financial crisis, changes in banking regulations and fluctuations with financial institutions are trying to deleverage the off-balance sheet items to meet the penal capital adequacy requirements. The change in policies and market fluctuations has led to the reduction of loan finance for SMBs and individual borrowers as they are considered to be risky. An increase in lending to SMBs, borrowers having quicker access to credit, and proper management of inventory and working capital is expected to drive the growth of the Global Online Financing Platform for SMBs Market in the forecasted period. Marketplace lending, invoice financing, supply chain financing, trade financing, and merchant and e-commerce finance are few of the factors expected to drive the growth of the market in the forecasted period. Innovations such as equipment lease finance have helped in the expansion of the market to ease the lending procedure.

The market also witnesses the use of such services by SMBs during their start-up and growth stages as during these phases; the companies find it difficult to raise finance due to lack of data about their performance histories. Online platforms for financing for SMBs offer moderate to high risk along with scenario analytics for different products and services along with real-time pricing and capital management of multi-asset portfolios. The unique tool provides for a detailed and transparent lending solution to SMBs and individuals to buy products and services from an online platform. The online lender's professionals that deal with the online platform for use during credit data management and deal with information to generate cash flows and analytics at the portfolio level. The practical process of pricing the product should help manage individual portfolios and avoid firm-wide risks through automation, consistency, and transparency.

Global Online Financing Platform for SMBs Market: Market Segmentation

On the basis of type, the Global Online Financing Platform for SMBs Market can be segmented as advanced authentication, identify proofing services, and others. On the basis of application, the Global Online Financing Platform for SMBs Market can be classified as personal and commercial. In the year 2019, the advanced authentication Online financing Platform for SMBs has contributed the largest in the market. Both personal and commercial Online financing Platforms for SMBs are expected to provide for the highest contribution in the market in the forecasted period.

Global Online Financing Platform for SMBs Market: Regional Landscape

Americas, EMEA, and APAC are the major regions where the presence of the Global Online Financing Platform for SMBs Market. Asia-Pacific has emerged as the highest contributor in the market in the recent decade. The growth of the market in the region can be attributed to factors such as Marketplace lending, invoice financing, supply chain financing, trade financing, and merchant and e-commerce finance.

Global Online financing Platform for SMBs Market: Key Market Players

CircleBack Lending, Kabbage, Lending Club, OnDeck, Peerform, Prodper, Daric, Funding Circle, Borrowers First, Pave and SoFi are few of the key market players in the Global Online financing Platform for SMBs Market.

Business Questions Answer by the Report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with a detailed classification?

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players.

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers customization according to company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis

·         Additional country analysis

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents, By Industry Participants

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Online financing Platform for SMBs Market - Industry Insights

4.1. DROC Analysis

4.1.1.   Growth Drivers

4.1.2.   Restraints

4.1.3.   Opportunities

4.1.4.   Challenges

4.2. Technological Landscape

4.3. Regulatory Framework

4.4. Company Market Share Analysis, 2019

4.5. Porter’s Five Forces Analysis

4.6. Pest Analysis

4.7. Strategic Outlook

5.    Global Online financing Platform for SMBs Market Overview

5.1. Market Size & Forecast

5.1.1.   By Value (USD Million)

5.2. Market Share & Forecast, 2020 – 2026

5.2.1.   By Type

5.2.1.1.       Advanced Authentication

5.2.1.2.       Identity Proofing Services

5.2.1.3.       others

5.2.2.   By  Application

5.2.2.1.       Personal

5.2.2.2.       Commercial

5.2.3.   Region

5.2.3.1.       Americas

5.2.3.2.       EMEA

5.2.3.3.       APAC

6.    Americas Online financing Platform for SMBs market

6.1. Market Estimates & Forecast, 2020 - 2026

6.1.1.   By Type

6.1.2.   By Application

6.1.3.   By country

6.1.3.1.       US

6.1.3.2.       Canada

7.    EMEA Online financing Platform for SMBs market

7.1. Market Estimates & Forecast, 2020 - 2026

7.1.1.   By Type

7.1.2.   By Application

7.1.3.   By Country

7.1.3.1.       U.K

7.1.3.2.       Germany

7.1.3.3.       France

7.1.3.4.       Italy

7.1.3.5.       Spain

7.1.3.6.       Rest Of Europe

8.    APAC Online financing Platform for SMBs market

8.1. Market Estimates & Forecast, 2020 - 2026

8.1.1.   By Type

8.1.2.   By Application

8.1.3.   By Country

8.1.3.1.       China

8.1.3.2.       Japan

8.1.3.3.       India

8.1.3.4.       South Korea

9.    Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

9.1. CircleBack Lending

9.2. Kabbage

9.3. Lending Club

9.4. OnDeck

9.5. Peerform

9.6. Prodper

9.7. Daric

9.8. Funding Circle

9.9. Borrowers First

9.10.             Pave

9.11.             SoFi

9.12.             Other prominent players

*Financial Details Not Be Captured in Case of Unlisted Companies

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable