Up until stopped by the corona virus for hosting further locations around Germany, we were on tour with creditshelf, auxmoney and iwoca in Berlin (03 March 2020) and Hamburg (04 March 2020). We engaged in a discussion about the necessity of digitizing the sales, onboarding and lending processes in the SME sector. The outcome: Partnerships in the ecosystem are very important as well as to focus on the sectors and/or situations where you have an advantage. Also, the new lenders are much more comfortable with unsecured lending than traditional banks.
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