Earlier this year Frank Rotman, a partner at QED Investors, released the seminal white paper, The Hourglass Effect, focused on the personal loan market and why banks exited this business. Now, he has a second paper out, this one focused on small business lending.
This new white paper, The Brave 100, was written by Frank with the help of some research done by consulting firm Oliver Wyman. The Brave 100 refers to the at least 100 alternative lenders who are providing capital to small businesses often where banks will not. It compares the new alternative small business lenders with the banks, explores each others strengths and provides insight on where the chips may fall.
Here are some of the key points that Frank makes in this white paper: [Read more…]