LendingCrowd | Business Finance for British SMEs
LendingCrowd funds ambitions by connecting borrowers with their community of investors to offer flexible business loans from £5,000 to £500,000.
- Funding at a discounted fee (25% reduction for ICAS members)
- A lending decision in as little as 24 hours
- Rates starting from 5.95%
- No early repayment charges
- A dedicated team in Scotland that can come to see you and your clients
- No hard sell – if we can’t help, we like to work with you to find the best outcome for your clients
Think Outside The Bank
Access to finance remains a challenge for many businesses, with the SME funding gap estimated at £22 billion. LendingCrowd, the only fintech lending platform headquartered in Scotland, was founded to help SMEs to fund their ambitions by connecting them with a community of investors.
We have provided more than £65 million in lending to over 750 businesses in the past five years, including more than £15 million across Scotland.
In a survey of LendingCrowd borrowers, 25% said they would have been “very unlikely” to obtain funding in our absence, and a failure to secure funds would have been a “missed opportunity” leading to a negative impact on jobs and investment.
Your clients can borrow from £5,000 to £500,000, with loan terms ranging from six months to five years. Our flexible platform allows monthly or one-off overpayments and early repayment in full – with no early repayment charges. Our experienced Credit Team reviews each application and aims to reach a decision in 24 hours. Once the loan is funded, the money could be in your client’s account the same working day.
“The loan went on the platform on Friday morning and I was expecting to have an agreement around Monday afternoon. Come lunchtime on the Friday the loan had been funded. I’ve never known speed like that.”
Eddie Tweedie, Coolin Sky
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