Category: Lending

Folk2Folk offer mortgages on non-residential property

February 19th, 2013
Folk2Folk
A new peer-to-peer company, Folk2Folk, has launched that offers secured loans on non-residential property to individuals and businesses in the South West (Cornwall and West Devon).  They are targetting individuals who are able to lend £25,000 and above… more »

Squirrl.com to expand

February 19th, 2013
Squirrl.com
The peer-to-business company Squirrl.com are looking at expanding their portfolio by offering loans to other companies.  Currently Squirrl.com have only arranged loans with The Danwood Group Ltd. Here is their full statement: Having looked at the fe… more »

ReBuildingSociety arranges first loans

February 19th, 2013
ReBuildingSociety
The peer-to-business company ReBuildingSociety have successfully arranged their first two loans for £55k with lenders rates ranging from 6% to 15% per annum. Daniel Rajkumar, the founder of ReBuildingSociety stated: We’re delighted to have facilitat… more »

News coverage of P2P lending

February 16th, 2013
There has been some worthwhile coverage of peer-to-peer lending on the BBC's The One Show which resulted is a massive 6000% increase in hourly hits on the P2P money site.  Funding Circle also reported record traffic more »

P2P companies show an increase in late payments

January 28th, 2013
The Christmas and new year period has given rise to a small but noticable increase in late payments in the P2P companies that we are tracking.  Zopa and RateSetter showed a very small increase, bringing their overall late payments to 0.14% and 0.64% res… more »