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Peer2Peer Finance News | July 23, 2019

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Alternative Business Funding

Alternative finance aggregator partners with currency broker

February 27, 2019 |

SMALL- and medium-sized enterprises (SMEs) using currency broker TorFX are to be given access to finance aggregator Alternative Business Funding (ABF).

The partnership will give SMEs access to finance from alternative sources including peer-to-peer lenders.

ABF will also introduce its … Read More

SMEs accessing loans ‘within hours’ through Bank Referral Scheme

January 9, 2019 |

FINANCE aggregator Alternative Business Funding (ABF) has hailed the success of the government’s Bank Referral Scheme after helping three firms secure funding within hours of being rejected by their mainstream financial institution.

The Bank Referral Scheme was launched in November 2016, … Read More

SME finance aggregator quits Bank Referral Scheme

December 4, 2018 |

ONE OF the first business finance aggregators to take part in the Bank Referral Scheme has quietly left the government initiative.

Sources close to the Treasury have told Peer2Peer Finance News that Business Finance Compared left the scheme in … Read More

The P2P Power 50

October 2, 2017 |

PEER-TO-PEER lending has rapidly grown into a multi-billion-pound industry, bringing together the best in banking and technology as well as lawyers, regulators, analysts and fund managers.

So, who are the key players influencing the UK’s P2P sector? The inaugural Peer2Peer … Read More

3pc of SMEs obtained finance under bank referral scheme

August 11, 2017 |

LESS than three per cent of small businesses referred to alternative lenders via the bank referral scheme have obtained finance, according to the first-ever statistics on the initiative released by the Treasury.

230 small- and medium-sized enterprises (SMEs) have collectively … Read More