LENDINGCROWD has been named as a preferred partner for members of the Institute of Chartered Accountants of Scotland (ICAS).
The strategic partnership will let ICAS members access business loans through LendingCrowd.
The Edinburgh-based peer-to-peer lender will be able to promote itself to ICAS members and offer discounts on client fees.
The partnership will last for an initial period of three years, until 2022.
“We are delighted to announce this strategic partnership with ICAS, which brings real opportunities for us all,” Stuart Lunn (pictured), chief executive of LendingCrowd, said.
“It is a fantastic platform for us to showcase the benefits of alternatives to traditional bank lending, and for ICAS members to then utilise these benefits.
“It marks another important step forward in LendingCrowd’s growth story, five years after we launched. We look forward to working closely with ICAS and making this partnership a real success story.”
Bruce Cartwright, chief executive of ICAS, said members would be able to access a 25 per cent discount on loan fees with LendingCrowd.
ICAS is a professional body for more than 21,000 people working in the accountancy market across the UK and in more than 100 countries.