Alternative finance for SME’s: P2P lending

From October, suggestions on how to expand the business beyond the banking system.

The restriction of bank loans to enterprises is affecting many sectors of the Italian entrepreneurial landscape. Only in the last year (according to data from Unimpresa), the stock of business loans has decreased by 6,5%. This reduction has also involved one of the most important made in Italy district: the packaging industry.

Beyond the traditional banking channel. In Italy, access to credit is almost always synonymous with "bank financing". Today, even for growing companies, access to finance is a long, complex process and its outcome is often uncertain. Yet, alternative channels for financing SMEs exist and are already well known and used in the rest of Europe. These include peer-to-peer lending, one of the most innovative alternative financial instruments.

The new digital solutions offered by p2p lending. The aim of P2P lending is to bring together companies seeking liquidity on the one hand and investors seeking returns on the other. Everything happens on an online platform independently from traditional banking channels.
On October, the leading P2P lending player in continental Europe, private lenders and institutional investors finance business projects of established and profitable companies, starting from a minimum turnover of 250,000 euros. Thanks to the unique mix of private and institutional lenders, companies can obtain the necessary funds for their growth in just 7 days.

The ideal partner for your growth. October offers financial solutions that support different credit needs such as loans, operational rentals and working capital financing solutions. All the key moments of a company's growth can be funded: from international expansion to research and development activities, from purchase of machinery and software to marketing and communication campaigns. These are recurring investments for companies in the packaging sector that can finally obtain credit on October in a simple and fast way and without the need of personal guarantees.