Peer to peer funding

• Advantages of peer to peer Funding

  Loans can usually be available to businesses quickly

  Usually has no ties attached such as a share to the business
• Drawbacks of peer to peer funding

  Borrowers are charged to a small fee and have to pay interest in the same way as a bank loan

  risk - unsecured Loan so likely to lend to an relatively established business
• What is peer to peer funding?

  This is when a business is able to take out a loan from a group of individuals or an institution