Here at Wattsford Commercial Finance, we have access to a growing number of Peer to Peer (P2P) lending platforms who take a more “transactional” approach to borrowing money. Generally speaking Directors will offer up full Personal Guarantees, although in some instances not all of the Directors will have to and the company has to have at least 2 years worth of accounts lodged at Companies House and a minimum turnover of £50,000 per annum.
Both Peer to Peer and Syndicated Lending are part of a rapidly changing market and we are able to obtain secured and unsecured funding for business purposes up to £500,000.
We’re Business Champions with Funding Circle, which is a quality mark for introducers and recognises our expertise. For clients we can typically get a decision on the same day when applications are fully submitted and received before 12pm.