Category: Lending

Folk2Folk offer mortgages on non-residential property

February 19th, 2013
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 » to expand

February 19th, 2013
The peer-to-business company are looking at expanding their portfolio by offering loans to other companies.  Currently 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
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 »