Unsecured Business Loans Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 165 SKU: IRTNTR73706

Unsecured Business Loans Market 2024-2028 

The unsecured business loans market size is estimated to grow at a CAGR of 10.92% between 2023 and 2028. The market size is forecast to increase by USD 3,496.23 billion. The accelerated growth of the market is due to various factors, including the increasing number of SMEs, the use of advanced technologies in loan processing, and increasing awareness and acceptance of unsecured business loans.

The report offers extensive research analysis on the Unsecured Business Loans Market, with a categorization based on End-user, including small and medium-sized enterprises and large enterprises. It further segments the market by Type, encompassing short-term loans, medium-term loans, and long-term loans. Additionally, the report provides Geographical segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Unsecured Business Loans Market During the Forecast Period?

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Unsecured Business Loans Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Unsecured Business Loans Market Driver

Increasing number of SMEs is notably driving the unsecured business loans market growth. Over the past decade, banks and financial institutions have transformed their operations by embracing digital technology to streamline processes and save time. A business lending process typically consists of creating, initiating, administering, collecting, and administering credits. The loan process mainly includes the stages of pre-qualification, loan application, application processing, underwriting process, loan decision, quality control,  loan financing, etc. 

As a result, financial institutions are adopting new technology solutions such as lending software and loan management software to improve operational efficiency and reduce costs. Such software helps in efficient loan monitoring by managing loan portfolios at all stages such as processing, application, verification, approval, and payment. Therefore, the application of software in unsecured commercial lending coupled with the rising demand for efficiency in commercial lending will drive market growth during the forecast period.  

Key Unsecured Business Loans Market Trends

Increasing focus on blockchain is a key trend influencing the unsecured business loans market growth. Blockchain technology is one of the major innovations in the banking industry, primarily to reduce fraud, ensure fast and secure transactions and financial operations, and support risk management within the interconnected global financial system. In addition, blockchain is revolutionizing payments, modernizing traditional and traditional payment methods in a faster, more secure, and decentralized way. 

Moreover, blockchain technology helps make the credit system more efficient because the entire process can be completed more quickly and data is stored in the blockchain system in chronological order and cannot be tampered with once stored. In addition, this technology can create a digital identity containing all information such as income, credit score, and credit history in one place or block on the blockchain network. Hence, such factors are driving the market growth during the forecast period.

Key Unsecured Business Loans Market Challenge

High risk and cost associated with unsecured business loans are challenging the unsecured business loans market growth. Applying for an unsecured loan is generally quicker and less complicated than a secured loan. However, this comes with various risks and many local banks do not offer unsecured loans. Lenders de-risk unsecured loans in hopes of being able to repay them in less time. This means the buyer has less time to repay the loan, which can be difficult for some businesses. Unsecured loan interest rates range from slightly higher than secured loans.

In addition, lenders offering unsecured business loans expect high creditworthiness, verifiable income, and a financial history that indicates the buyer will repay the loan. A rise could negatively impact buyers, causing them to shift to secured loans. This will adversely affect the growth of the market during the forecast period.

Unsecured Business Loans Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Unsecured Business Loans Market Customer Landscape

Who are the Major Unsecured Business Loans Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

American Express Co: The company offers unsecured business loans that can be used to purchase inventory and other business needs, equipment financing to invest in new equipment, smooth cash flow or cover payroll, offset unpaid customer invoices.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Axis Bank Ltd.
  • Bajaj Finserv Ltd.
  • Bank of America Corp.
  • Bank of Ireland
  • Business and Enterprise Finance Ltd.
  • Clix Capital Services Pvt. Ltd.
  • Deutsche Bank AG
  • Enova International Inc.
  • Funding Circle Holdings plc
  • HDFC Bank Ltd.
  • Hero FinCorp Ltd.
  • IDFC FIRST Bank Ltd.
  • National Funding Inc.
  • Poonawalla Fincorp Ltd.
  • Rapid Finance
  • Standard Chartered PLC
  • Starling Bank
  • Wells Fargo and Co.
  • Bank of China Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Unsecured Business Loans Market?

The small and medium-sized enterprises segment is estimated to witness significant growth during the forecast period.  Business loans comprise a type of financing option that guarantees a steady flow of money to SMEs so that they can continue their business operations. In addition, unsecured business loans enable the borrower to leverage its benefits without needing to provide any asset/commodity as collateral. Furthermore,  SMEs have started adopting unsecured business loans significantly in recent years.

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The small and medium-sized enterprises segment was the largest segment and was valued at USD 2,896.06 billion in 2018. Moreover,  an unsecured business loan provides a viable alternative for SMEs to access funds for a variety of purposes, including working capital, investing in new projects, and expansion plans, as traditional banking and lending options have become more restrictive. In addition, in comparison with traditional banking options, an unsecured business loan offers more flexibility, quicker access to funds, and reduces the burden of providing something as collateral. Furthermore, the presence of a very high number of SMEs in developing nations such as India and China leads to an increase in demand for unsecured business loans. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Unsecured Business Loans Market?

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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America is expected to grow during the forecast period as countries in the region such as the United States are among the most technologically advanced and are pioneers in adopting technologies such as AI and IoT. Leading commercial lending banks in the region, including Goldman Sachs Group, American Express, and Bank of America, are investing in technology by delivering new applications and interfaces to better serve their customers. Additionally, these providers offer a variety of unsecured business loans, professional loans, working capital loans, inventory loans, commercial loans, etc. Therefore, the presence of key vendors in this region will drive the growth of the market during the forecast period.

Segment Overview

The unsecured business loans market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook 
    • Small and medium-sized enterprises
    • Large enterprises
  • Type Outlook 
    • Short term loan
    • Medium term loan
    • Long term loan
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Unsecured Business Loans Market Scope

Report Coverage

Details

Page number

165

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.92%

Market Growth 2024-2028

USD 3,496.23 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

10.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

American Express Co., Axis Bank Ltd., Bajaj Finserv Ltd., Bank of America Corp., Bank of Ireland, Business and Enterprise Finance Ltd., Clix Capital Services Pvt. Ltd., Deutsche Bank AG, Enova International Inc., Funding Circle Holdings plc, HDFC Bank Ltd., Hero FinCorp Ltd., IDFC FIRST Bank Ltd., National Funding Inc., Poonawalla Fincorp Ltd., Rapid Finance, Standard Chartered PLC, Starling Bank, Wells Fargo and Co., and Bank of China Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Unsecured Business Loans Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global unsecured business loans market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global unsecured business loans market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Small and medium-sized enterprises - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Small and medium-sized enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Small and medium-sized enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Small and medium-sized enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Small and medium-sized enterprises - Year-over-year growth 2023-2028 (%)
    • 6.4 Large enterprises - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Large enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Short term loan - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Short term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Short term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Short term loan - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Short term loan - Year-over-year growth 2023-2028 (%)
    • 7.4 Medium term loan - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Medium term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Medium term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Medium term loan - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Medium term loan - Year-over-year growth 2023-2028 (%)
    • 7.5 Long term loan - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Long term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Long term loan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Long term loan - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Long term loan - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 American Express Co.
              • Exhibit 115: American Express Co. - Overview
              • Exhibit 116: American Express Co. - Business segments
              • Exhibit 117: American Express Co. - Key offerings
              • Exhibit 118: American Express Co. - Segment focus
            • 12.4 Axis Bank Ltd.
              • Exhibit 119: Axis Bank Ltd. - Overview
              • Exhibit 120: Axis Bank Ltd. - Business segments
              • Exhibit 121: Axis Bank Ltd. - Key offerings
              • Exhibit 122: Axis Bank Ltd. - Segment focus
            • 12.5 Bajaj Finserv Ltd.
              • Exhibit 123: Bajaj Finserv Ltd. - Overview
              • Exhibit 124: Bajaj Finserv Ltd. - Business segments
              • Exhibit 125: Bajaj Finserv Ltd. - Key offerings
              • Exhibit 126: Bajaj Finserv Ltd. - Segment focus
            • 12.6 Bank of America Corp.
              • Exhibit 127: Bank of America Corp. - Overview
              • Exhibit 128: Bank of America Corp. - Business segments
              • Exhibit 129: Bank of America Corp. - Key news
              • Exhibit 130: Bank of America Corp. - Key offerings
              • Exhibit 131: Bank of America Corp. - Segment focus
            • 12.7 Bank of China Ltd.
              • Exhibit 132: Bank of China Ltd. - Overview
              • Exhibit 133: Bank of China Ltd. - Product / Service
              • Exhibit 134: Bank of China Ltd. - Key offerings
            • 12.8 Clix Capital Services Pvt. Ltd.
              • Exhibit 135: Clix Capital Services Pvt. Ltd. - Overview
              • Exhibit 136: Clix Capital Services Pvt. Ltd. - Product / Service
              • Exhibit 137: Clix Capital Services Pvt. Ltd. - Key offerings
            • 12.9 Deutsche Bank AG
              • Exhibit 138: Deutsche Bank AG - Overview
              • Exhibit 139: Deutsche Bank AG - Business segments
              • Exhibit 140: Deutsche Bank AG - Key news
              • Exhibit 141: Deutsche Bank AG - Key offerings
              • Exhibit 142: Deutsche Bank AG - Segment focus
            • 12.10 Enova International Inc.
              • Exhibit 143: Enova International Inc. - Overview
              • Exhibit 144: Enova International Inc. - Product / Service
              • Exhibit 145: Enova International Inc. - Key offerings
            • 12.11 Funding Circle Holdings plc
              • Exhibit 146: Funding Circle Holdings plc - Overview
              • Exhibit 147: Funding Circle Holdings plc - Product / Service
              • Exhibit 148: Funding Circle Holdings plc - Key offerings
            • 12.12 HDFC Bank Ltd.
              • Exhibit 149: HDFC Bank Ltd. - Overview
              • Exhibit 150: HDFC Bank Ltd. - Business segments
              • Exhibit 151: HDFC Bank Ltd. - Key offerings
              • Exhibit 152: HDFC Bank Ltd. - Segment focus
            • 12.13 Hero FinCorp Ltd.
              • Exhibit 153: Hero FinCorp Ltd. - Overview
              • Exhibit 154: Hero FinCorp Ltd. - Product / Service
              • Exhibit 155: Hero FinCorp Ltd. - Key offerings
            • 12.14 IDFC FIRST Bank Ltd.
              • Exhibit 156: IDFC FIRST Bank Ltd. - Overview
              • Exhibit 157: IDFC FIRST Bank Ltd. - Business segments
              • Exhibit 158: IDFC FIRST Bank Ltd. - Key offerings
              • Exhibit 159: IDFC FIRST Bank Ltd. - Segment focus
            • 12.15 National Funding Inc.
              • Exhibit 160: National Funding Inc. - Overview
              • Exhibit 161: National Funding Inc. - Product / Service
              • Exhibit 162: National Funding Inc. - Key offerings
            • 12.16 Poonawalla Fincorp Ltd.
              • Exhibit 163: Poonawalla Fincorp Ltd. - Overview
              • Exhibit 164: Poonawalla Fincorp Ltd. - Product / Service
              • Exhibit 165: Poonawalla Fincorp Ltd. - Key offerings
            • 12.17 Wells Fargo and Co.
              • Exhibit 166: Wells Fargo and Co. - Overview
              • Exhibit 167: Wells Fargo and Co. - Business segments
              • Exhibit 168: Wells Fargo and Co. - Key offerings
              • Exhibit 169: Wells Fargo and Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              unsecured business loans market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Detailed vendors report with competitive landscape
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