Business financing trends 2019

To my readers, friends, family, clients and even acquaintances. You all know that I am a keen observer of how financing evolves in our time and age.

I've always been into studying and understanding business trends, fintech, funding and lending, etc. Based on my personal knowledge and observation, here are my predictions for 2019!

Alternative Lending Will Continue to Rise

More and more businesses will shift to alternative lending versus traditional banks. This is because I think people want what's convenient and easily accessible to them.

Lenders Will Move Their Process Fully Online

This one is very easy to see. As more and more people switch to alternative lending due to how convenient they are, the competition will be tight. Lenders will look at how they can make their processes better, this includes traditional lenders to tap on the "available online" trend.

Online and Open Banking

Businesses and lenders not wanting to be left behind, we will see more and more people and businesses to transition to online and open banking.

There you go! These are the things I see often talked about and I think most likely to happen within 2019. I hope you enjoy my predictions!