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Peer2Peer Finance News | November 17, 2017

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invoice financing

Three quarters of SMEs forced to write off debts

December 1, 2016 |

THREE in four small- and medium-sized enterprises (SMEs) are forced to write off unpaid debts, with the average SME losing £11,700 a year as a result.

This equates to £50bn per year across the whole industry, or £134m each day. … Read More

ArchOver extends P2P insurance contract with Coface

November 15, 2016 |

ARCHOVER has extended its agreement with credit insurer and collections company Coface for a further three years.

The peer-to-peer business lender helps facilitate fixed-term borrowing for companies secured on their accounts receivable, which are then insured. It uses this “secured … Read More

One in five SMEs turn to P2P loans to fund growth

September 14, 2016 |

ONE fifth of small- and medium- sized enterprises (SMEs) are looking to peer-to-peer financing to fund their growth, a new study has found.

According to the latest C2FO Working Capital Outlook Survey, almost one in five (18 per … Read More