Chairman's Foreword

By Adam Tyler, executive chairman at FIBA

It is hard to ignore the way in which technology is looking to revolutionise the lending sector and many advisers might be feeling concerned that these advancements are a threat to their businesses. The fear that SMEs will start going direct to lenders who offer a simple end-to-end online solution to their funding needs is, in my opinion, an overreaction. Yes, the technology exists, and some offerings have been quite successful, but let’s not forget that traditionally business owners have been approaching their own banks for funding for years, as a logical first point of call.