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Peer2Peer Finance News | August 21, 2017

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small business lending

Invoice finance has soared by £8bn since credit crunch

May 2, 2017 |

UK AND Irish businesses have turned to alternative sources of funding in the decade since the credit crunch, with invoice finance rising by more than £8bn, says new research.

There was a record high of £22.2bn of asset-based finance advanced … Read More

Late payments are killing small businesses, warns FSB

November 16, 2016 |

A CASH flow squeeze caused by late payments is costing the UK economy £2.5bn each year and causing 50,000 small firms to go bankrupt, the Federation of Small Businesses (FSB) has warned.

The trade body has blasted large companies … Read More

Funding Circle’s losses double

September 26, 2016 |

FUNDING Circle saw its losses double to almost £40m last year, as expanding overseas took its toll on the peer-to-peer platform’s balance sheet.

The London-headquartered firm has been investing heavily in the business in order to grow its presence … Read More

P2P lending slumps as high street banks up their game

September 13, 2016 |

LENDING in the alternative finance space – including peer-to-peer – has slowed over the past 12 months, as traditional lenders widen their offering in response to the competition.

According to the latest annual report from the National Association … Read More