Compare ^{Peer-to-Peer Business Loan} Options For £750k Funding

Secured peer-to-peer loans involve offering assets like equipment or property as security, which allows businesses to apply for amounts from £50,000 up to £5,000,000. Terms typically last from 12 to 60 months, with interest rates between 5% and 12% APR. This option is well-suited to businesses needing larger sums for expansion, asset purchase, or to refinance existing borrowings, especially if they can provide detailed plans and robust security.

Unsecured peer-to-peer business loans are available from £10,000 to £500,000, with terms of 6 to 36 months and rates from 6% to 20% APR, depending on financial strength. This type is ideal for UK businesses with strong cash flow and at least two years’ trading, needing funds for working capital, marketing, or staffing, without tying up assets as collateral.

With invoice financing, businesses submit eligible invoices to a peer-to-peer platform and receive an advance—typically up to 90% of the invoice value. Terms usually last 1 to 3 months or until invoices are settled, with fees around 1% to 3% per month. This is particularly beneficial for companies that rely on customer payments, as it can improve cashflow and provide stability while waiting for invoices to be paid.