P2P Money Blog

Funding Secured is one of the latest entrants into the peer-to-peer world focusing on secured loans to businesses.  The P2P money website have teamed up with them to offer cashback on both lending and borrowing.

Funding Secured only offer loans secured on assets, and they are looking for high net worth lenders who want to earn a decent rate of return for a lower risk investment.  Here is what they have to say:

fundingsecured.co.uk differs from most Peer to Peer Lending websites as we only make Secured Loans to Businesses. By Securing the Loan against an asset such as a House or a Commercial Property, you significantly reduce the chance of losing the money Loaned, because if a Business defaults then the Secured asset can be repossessed. In such circumstances the Lender will usually recover all their money together with the Interest due.

Loans are made to a Business in exactly the same way that a bank or building society would advance a mortgage or other large Loan. A Solicitor acting for the Lender will Secure the Loan by taking a legal charge on a suitable asset. The asset that the Loan is being Secured upon will require independent valuation and must represent adequate Security.

fundingsecured.co.uk offers Investors access to Businesses with differing financial needs. The Term of the Loan and the Security offered will vary, with some Borrowers looking for short term bridging Loans and others looking for longer fixed term Loans. With fundingsecured.co.uk all the Loans are Secured against an independently valued assets and we all know that a Secured Loan is a safer Loan.

Businesses can decide what type of loan they require, (subject to our minimum loan amount of £25,000), over what period they want to pay it back and the interest rate they are prepared to pay.  Funding Secured will advertise you requirements and match you with lenders willing to advance a loan.