Peer to Peer Funding

Banks are not the only funding solution, if you’re in business, have security and are looking for a business loan then we can source funding - even if traditional sources have said no

Peer to peer lending ("crowd funding") is an internet based system where individuals, companies and pension funds may choose to bid at auction, to lend funds securely, as a “crowd”, directly to borrowers, effectively cutting out the Bank and getting a better return than a normal bank deposit would pay. Through Freedman and Partners, approved sponsors of Thincats™, commercial peer to peer secured loans of £150K – £10M are available for suitable applications. For lower value loans, funding from other traditional funding sources such as banks, venture capital and other crowd funding platforms may be available.

Freedman & Partners

We are now the Bristol and West Country accredited consultant with Freedman & Partners LLP, major accredited sponsor on the Thincats™ Business Loan Network with many years’ experience in arranging business loans for established companies and property development. Freedman & Partners LLP's role is to assess propositions and once satisfied, to act on behalf of the borrowers in sponsoring and submitting propositions to auction on the Thincats™ crowd funding platform
 

    

Securing Funding

In order to secure Peer 2 peer loans, the process we undertake is as follows:

  • Assess and agree the loan requirements and structure with the borrower
  • Prepare a pack of documents to submit to lenders
  • Agree the loan and term with lenders
  • Monitor the progress of the auction
  • Respond to lenders’ enquiries
  • Facilitate due diligence
  • Help in completing loan documentation
  • Assist in drawdown
  • Monitor and report regularly on the loan up to repayment

We act much like an “old fashioned” relationship Bank manager except that we are paid by and act on behalf of the borrower, not the lenders.

The borrowers benefit from our long experience in arranging loan facilities. We bring this expertise to assist in finding solutions to a wide range of funding issues. We aim to assist in the development of the business wherever we can.

*Please note, we do not arrange finance for start-ups.