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P2P is a relatively new concept which bypasses the banks to allow businesses to borrow money directly from ordinary people. Businesses get the funding they need, and lenders get a better rate than they would from leaving their money in the bank. In between the borrower and the lender stands the P2P platform which handles the collection and distribution of loans and repayments.
P2P is very bespoke. The idea is to assess what the business needs first, rather than attempting to fit them into a ‘product’. Consequently, an early informal chat-through is often the best way to progress. Our P2P experts will guide you through the funding process, advising you every step of the way; their knowledge of the market and the lending platforms is unrivalled.
Our P2P experts have been involved in advising businesses on the raising of funds via P2P platforms since its emergence. They have even advised some newly emerging platforms on how to construct their lending guidelines and how they should treat new borrowers.
Please talk to us about financing options – we can introduce you to an expert!
08 Jul 2024
The UK's business groups have pledged to work in partnership with the new Labour government to revitalise the nation's economy.
The UK's tax gap estimate rose to a record to £39.8 billion in 2022/23 as small businesses accounted for almost two thirds of unpaid tax, according to HMRC's data.
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