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Peer2Peer Finance News | August 23, 2017

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alternative lenders

Competition regulator confirms P2P business lenders exempt from APR rules

August 2, 2017 |

NEW pricing rules on business loans will not apply to peer-to-peer lenders, the Competition and Markets Authority (CMA) has confirmed.

From today, all providers of unsecured loans and overdrafts worth up to £25,000 to small- and medium-sized enterprises (SMEs), will … Read More

UK alternative lending jumped 48 per cent in final months of 2016

March 29, 2017 |

UK NON-BANK lending increased by 48 per cent quarter-on-quarter in the final three months of 2016, as businesses shook off uncertainty over the EU referendum, new research shows.

Deloitte’s latest Alternative Lender Deal Tracker recorded 31 UK non-bank deals in … Read More