Lending criteria

Peer Funding has some initial lending criteria, called ‘Gateway Criteria’, that a business must meet before they are able to apply on the Platform. The criteria are:

  • Type of business – Limited Company or LLP
  • Minimum Advance –   £5,000.00 for loans and invoices and £25,000.00 for property development and bridging
  • Term -1 to 5 years for business loans, 30 days to 120 days for invoices and 6 – 18 months for property development
  • Business -England & Wales based

Minimum 2 years trading history for business loans

Minimum 6 months trading history for invoice finance

No minimum for property development & bridging

  • Minimum Annual Turnover -£100,000.00 No minimum for property development & bridging
  • Maximum Loan -No more than 25% of turnover.No minimum for property development & bridging

We are always happy to discuss requests in more detail both with the borrower and their professional advisors and you should not hesitate to contact us for guidance on our criteria.