|« Government lending through Funding Circle||New entrants in the P2P market »|
More councils to lend on Funding Circle ?
The P2P money website picked up on a tweet from BusinessZone.co.uk that Camden Council and 10 others and are to fund small and medium enterprises through Funding Circle. It was back in November 2012 when the P2P money website reported that Lancashire Council had teamed up with Funding Circle to do the very same.
At a time when businesses are finding it difficult to obtain funding, it is encouraging to see councils supporting this sector, which is one of the very few providing any growth in financial services.