EU corporates step up use alternative finance, says A&O report

Some 48 per cent of corporates in Europe are expecting to increase their use of alternative finance in the next five years, according to research from Allen & Overy.
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A third of their funding now comes from these sources, according to the law firm. These include private debt funds, asset managers, peer-to-peer lending and crowdfunding. 

Law firm role

Ben Fox, partner in the A&O funding team, said: 'Banks, with their deep-rooted relationships and huge distribution networks, and indeed law firms have a crucial role to play in bringing market participants up to speed.' Source: City AM

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