Is Peer To Peer finance for me?
I get asked many questions about Peer to Peer lending. Here are some thoughts on how we have found collaborating with them over the past year. The landscape for banks has changed for the better, although some banks are still very slow when it comes to making decisions, most lending over £50k is normally offered with the backing of security which involves property or land. The main problem here is it can take a bank 2-3 months to decide as they ask for countless more pieces of