Peer-to-Peer lending is a growing area of finance for small businesses. Instead of borrowing from one lender, a peer-to-peer loan is provided by many different individuals each contributing a small share of the overall finance.
This can provide a business with sources of finance which aren’t available through traditional lending. With the requirements for getting finance through the traditional methods getting stricter every day, and the cost barrier for the technology getting lower, peer-to-peer can prove a real boon to many businesses. However, you need to be careful – there are many different types of lender, and you need to ensure that you find one that works in a way that’s suitable for your business. At ASC, your Regional Director knows how arrange your finance in the right way to make sure you get the finance you need without being overwhelmed.
ASC works with a number of P2P providers to ensure that your local Director can secure the right finance for your business with. Your Regional Director knows which lenders are the most reliable, and will present the your proposal to the right people at the right lenders for you.