Peer-to-peer lending, also known as crowdfunding, is often abbreviated to P2P lending and is an on-line service that matches lenders directly to borrowers.


  • Costs can be reduced
  • Large pool of potential lenders
  • Borrowings from £5,000 to £1,000,000
  • Flexible term length up to 5 years

The company providing the platform is used by lenders and borrowers to find suitable matches. There is a huge pool of individuals willing to lend to all commercial sectors. It is possible to gain the funds required by borrowing from several lenders.

The platform provider takes a fee for the service and credit checking the borrower. However, as it is entirely on-line, the overheads are lower than more traditional funders and therefore the fees for the borrower may be lower.