Property Bridges, already very successful in peer-to-peer property finance, has a new commercial lending product for SMEs and property investors

A greater diversity of funding sources is required for credit-starved small and medium enterprises, according to a new report.

An EU quality label and possible State support for crowdfunding would help the €1bn sector grow to fund economic growth, the bloc’s executive body said.

Alternative lending for British small businesses that uses the web to match borrowers and lenders received a £110m (€136.5m) boost from the UK government and private sector today.