Neil Slonim

• This distinguished panel looked at the much-discussed topic of how fair – or unfair – loans to SMEs had been.

• Neil Slonim took the line that there needs to be more transparency on brokerage. Currently borrowers are getting put into loans that aren’t in their best interests because brokers re getting offered significant sums by fintechs.

• Helen Gordon said that there have been positive steps made towards transparency and disclosure and the industry is making efforts to head towards a more transparent lending contracts.

• Astrid Raetze noted that fintech lenders can and should do the right thing by SMEs and was optimistic about the future.

• Anna Scott said that small businesses are time poor and often don’t have the lawyers to read through loan agreements.

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