What is peer to peer lending?
Peer to peer lending, also known as P2P lending,is an innovative form of loan which cuts out banks and their fees. By matching those who need finance with those who want to lend money, P2P works like a marketplace–vendors offering loans and customers borrowing the amounts they require.It often provides better value for money than traditional lending streams, which accounts for its recent rise in popularity. It’s also great as an investment as those looking to lend can access a much better return than most savings accounts.
If you would like to get in touch and find out more information on alternative business funding solutions, please call the team on 01371 870 815 or email [email protected]– we’re more than happy to help!
