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European Fintech iwoca Reveals that 1 in 3 Brokers Now See Growing Demand for Unsecured Finance

European Fintech iwoca Reveals that 1 in 3 Brokers Now See Growing Demand for Unsecured Finance The iwoca SME Expert Index reveals that 1 in 3 brokers “see rising demand for unsecured finance.” As noted in an update shared with CI, more than a third (38%) of brokers submitted “more lending applications for unsecured finance in May compared to the previous four weeks.” Cash flow remains the primary reason for SMEs applying for finance, the update from iwoca reveals. The company further noted that one in four brokers consider the “approved amount” as the “most important factor when comparing two loan offers.” As stated in the update:

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