The big potential of small businesses

Retail Banking Forum

June 2017

2

Sources:Net cumulative value of new loans to SME – smaller businesses. BBA, December 2016. Smaller businesses: Sole traders, partnerships and limited companies with an annual turnover of <£1m

(£389m)(400)

(300)

(200)

(100)

-

100

200

300

400

+£3.8m

Net

lend

ing

to S

MEs

(£m

)In

crea

seD

ecre

ase

SME LENDING HAS CONTRACTED DESPITED QE

3

21m

30%

21%

of private sector employment

of value add

businesses with <10 employees

Source: Annual Report on European SMEs 2015/16; all figures excl. financial service sector

4

THE BIG POTENTIAL OF SMALL BUSINESSES

7

Data gathering

Data processing

Decision making

Innovation is key

9

EFFICIENT, ACCURATE RISK PRICING FOR SMEs ISPOSSIBLE

2 3 4 5 6 7 8 9 10

Monthly Loss Rate

iwoca scoreLower riskHigher risk

10

Let’s apply and get a decision in 5 minutes

11

We want to work with you!

13