top of page
  • Evans Accountants

What is Peer to Peer (P2P) lending?

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.

Please talk to us about financing options – we can introduce you to an expert!

21 views0 comments


bottom of page