Category: Lending

New entrants in the P2P market

March 20th, 2013
The first quarter of 2013 has brought no less than four new entrants to the P2P market, and there are at least two more companies preparing to launch.  These new entrants are Mayfair Bridging who specialise in bridging loans, Folk2Folk who specialise in… more »

Funding Circle passes the £80million mark

February 27th, 2013
Funding Circle
Funding Circle have passed another milestone by arranging a total of £80million in peer-to-business loans.  It was back in September 2012 when they broke the £50million mark.  Back then we calculated they were growing at a phenomenal 240% per annum.  We… more »

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 »