Solving the SME Financing Puzzle: Has Online P2P Lending Got the Midas Touch?

Journal of International Banking Law and Regulation (2018), Issue 12, Forthcoming

Posted: 24 Mar 2018 Last revised: 10 Sep 2018

See all articles by Lerong Lu

Lerong Lu

The Dickson Poon School of Law, King's College London

Date Written: March 1, 2018

Abstract

This article investigates the financing dilemma of small and medium-sized enterprises (SMEs) in the UK. After the global financial crisis, banks have become risk-averse and refuse to lend to small business borrowers. Meanwhile, the recent decade has witnessed the rapid growth of online peer-to-peer (P2P) lending activities, which to some extent substitute bank credit for SME financing. The article analyses the advantages of P2P loans and relevant regulatory issues.

Keywords: SME finance, loan-based crowdfunding, P2P lending, financial regulation, fintech, banking law, company law, corporate finance

Suggested Citation

Lu, Lerong, Solving the SME Financing Puzzle: Has Online P2P Lending Got the Midas Touch? (March 1, 2018). Journal of International Banking Law and Regulation (2018), Issue 12, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3144748

Lerong Lu (Contact Author)

The Dickson Poon School of Law, King's College London ( email )

Strand
London, WC2R 2LS
United Kingdom

HOME PAGE: http://www.kcl.ac.uk/people/lerong-lu

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