What is P2P lending?
If you are searching for information on What is P2P lending? then look no further for the answer. Debt Solutions Hub aims to provide answers to some of the most pressing questions when it comes to debt management.
Question is closed for new answers.
Debt Solutions Hub Selected answer as best
Expert Answer
P2P or Peer to Peer lending is an alternate source of funding to traditional Banks and financial institutions. This type of lending can be advantageous as it often does not require security over the Company’s assets. It may require a personal guarantee from directors and can often have higher interest rates than those offered by secured lenders.
Debt Solutions Hub Selected answer as best