Peer Funding Products Overview

Secured Business Loans

Secured against fixed assets of the business, secured lending is often used for a larger amount and over longer repayment periods. Used for reasons similar to unsecured loans, borrowers have normally been trading longer, are better established with fixed assets on the balance sheet, and are able to attract a lower borrowing rate. These assets, normally in the form of property, equipment, or vehicles, will be called upon in the case of default.

 

Typical repayment periods are 36-60 months.

Secured Business Loans

Secured against fixed assets of the business, secured lending is often used for a larger amount and over longer repayment periods. Used for reasons similar to unsecured loans, borrowers have normally been trading longer, are better established with fixed assets on the balance sheet, and are able to attract a lower borrowing rate. These assets, normally in the form of property, equipment, or vehicles, will be called upon in the case of default.

 

Typical repayment periods are 36-60 months.

Selective Invoice Finance

Selective or Single Invoice Finance is a solution designed to provide businesses with immediate access to capital on an invoice by invoice basis, without the burden of a long term contract. With Peer Funding, all invoices are verified and, for your security, full assignment of the debt is taken. It offers businesses quick and straightforward access to short term funds with flexible terms.

 

Typical repayment periods are 30/60/90/120 days.

Selective Debtor Finance

A cash flow finance facility similar to Selective Invoice Finance, but rather than financing each individual invoice this facility allows for batches or multiple invoices from the same debtor. Invoices are verified by Peer Funding and full assignment of debts are taken.

 

Typical repayment periods are 30/60/90/120 days

Property Bridging Loans

A short-term bridging product secured against commercial or non-residential property. Used to ‘bridge’ a gap by offering short-term access to funds in the period between the purchase of a new and the sale of an existing property or a main line of credit becoming available..

 

Loans are repaid in a single repayment of capital and interest at the end of the loan term. In the case of default, the property itself will be called upon to recoup any potential investor losses.

 

Typical repayment periods are 6-18 months

Property Development Loans

Term loans for building and property development companies, with a loan to value maximum of 70% to include interest and capital, usually secured by way of a first charge against the property. Loans are repaid in a single repayment of capital and interest at the end of the loan term. In the case of default, the property itself will be called upon to recoup any potential investor losses.

 

Typical repayment periods are 6-18 months