With banks exiting the market, many SMEs are struggling to obtain finance. There is a $1.7 trillion funding gap in trade and supply chain alone, 15% increase from pre-pandemic level. Fundraise through securitisation is complex and expensive with multiple service providers involved. The lack of transparency also adds a risk premium for originators. Alternative lenders and fintechs, typically with under $30m portfolios, find it difficult to access capital markets.