Companies

There are many peer-to-peer lending platforms and supermarkets operating for UK lenders and borrowers, including some that offer the new Innovative Finance ISA.  Below is a summary of the attributes of all peer-to-peer companies within the UK, listed in chronological launch order.

Business Model

Company		Launch Date	Origin	Live	Target Borrower			Lending Model
					Individuals (P2P)	Business (P2B)	Hybrid	Market 1	Auction 2
		July 2017		�		�		�
1		March 2005		�	�			�	3
2		November 2008		�	�				�
3		January 2009		filed for bankrupcy October 2015	�			�
4		September 2009		stopped March 2012		�			�
5		June 2010		stopped April 2014	�	�			�
6		August 2010		�		�			�
7		October 2010		stopped September 2011	�				�
8		October 2010		�	�			�
9		January 2011		�		�			�
10		February 2011		�		�		�
11		March 2011		stopped February 2015		�			�
12		April 2011		�	�			TBD	TBD
13		June 2011		stopped 5 May 2012	�			�
14		September 2011		�		�		�
15		October 2011		�	�
16		February 2012		stopped 6 January 2013			7	�	�
17		March 2012		stopped 8 March 2013	�			�
18		April 2012		merged with Sancus January 2017		�		�
19		May 2012		stopped January 2014		�			�
20		June 2012		�			7
21		June 2012		stopped September 2015		�			�
22		August 2012		�		�		�
23		August 2012		no longer 9 offering P2P Q3 2013	�			�
24		September 2012		�		�			�
25		September 2012		�		�			�
26		September 2012		�	�			�	�
27		January 2013		stopped March 2016	�	�		�
28		January 2013		�	�	�		�
29		February 2013		�	10	�			�
30		February 2013		�	�	�		�
31		February 2013		taken over by Ratesetter December 2014	11			TBD	TBD
32		March 2013		offline January 2014		�		�
33		May 2013		�	�	�		�
34		May 2013		�		�		�
35		July 2013		�		�		�
36		July 2013		�	�			�
37		July 2013		�	�			�
38		August 2013		stopped August 2014		�			�
39		September 2013		�		�		TBD	TBD
40		October 2013		paused September 2016		�			�
41		November 2013		�	�			�
42		November 2013		�	TBD	TBD		TBD	TBD
43		November 2013		paused P2P May 2017	12			�
44		Q4 2013		stopped 13 June 2014		14		�
45		Q4 2013		stopped Q4 2014		�		TBD	TBD
46		December 2013		�		�			�
47		January 2014		�	TBD	TBD		TBD	TBD
48		January 2014		�		�		TBD	TBD
49		January 2014		�	�			�
50		January 2014		�	�	�		�	�
51		March 2014		�		�		�
52		March 2014		�		�		TBD	TBD
53		April 2014		stopped Q4 2017		�			�
54		April 2014		�	�			�
55		April 2014		�	�	�		�
56		May 2014		�		�		�
57		May 2014		stopped Q4 2015		�		TBD	TBD
				stopped 2017
58		May 2014 ?		closed January 2015	�			�
59		May 2014		�		�			�
60		June 2014		�		�		�
61		June 2014 15		�		�			�
62		June 2014		�		�		�
63		July 2014		�		�			�
64		July 2014		�		�		�
65		July 2014		stopped July 2016	11			TBD	TBD
66		August 2014		�		�		TBD	TBD
67		August 2014		�		�		TBD	TBD
68		August 2014		�	�			TBD	TBD
69		September 2014		�		�		TBD	TBD
70		September 2014 ?		stopped 2016	�			TBD	TBD
71		September 2014		�		�		TBD	TBD
72		September 2014		�		�			�
73		September 2014		�	�			TBD	TBD
74		October 2014		�		�			�
75		November 2014		�		�		TBD	TBD
76		November 2014		stopped P2P 2015		�		other
77		December 2014		�		�		TBD	TBD
78		January 2015		stopped October 2015	�				�
79		January 2015		�		�			�
80		January 2015		�	�				�
81		February 2015		�		�			�
82		March 2015		�		�		�
83		March 2015		�		�		TBD	TBD
84		March 2015		�	�			�
85		May 2015		�		�		�
86		June 2015		�			�	�
87		June 2015		�		�		TBD	TBD
88		June 2015		stopped P2P 2016		�
89		June 2015		�	TBD	TBD		TBD	TBD
90		August 2015 15		offline 2017		�		TBD	TBD
91		August 2015		�	TBD	TBD		TBD	TBD
92		August 2015		�	TBD	TBD		TBD	TBD
93		September 2015		�	TBD	TBD		TBD	TBD
94		September 2015		�	�			�
95		October 2015		�	�			�
96		November 2015		�	TBD	TBD		TBD	TBD
97		December 2015 15		�
98		January 2016		�		�		�
99		April 2016		�	TBD	TBD		TBD	TBD
100		April 2016		�		�		TBD	TBD
101		May 2016		in administration February 2018	TBD	TBD		TBD	TBD
102		May 2016		�	TBD	TBD		TBD	TBD
103		June 2016		�
104		July 2016		�		�		�
105		July 2016		�	TBD	TBD		TBD	TBD
106		August 2016		�	TBD	TBD		TBD	TBD
107		August 2016 ?		�
108		August 2016		�	TBD	TBD		TBD	TBD
109		September 2016		�	TBD	TBD		TBD	TBD
110		September 2016		�	TBD	TBD		TBD	TBD
111		September 2016		�	�			TBD	TBD
112		October 2016		�	TBD	TBD		TBD	TBD
113		November 2016		�	TBD	TBD		TBD	TBD
114		December 2016		�	TBD	TBD		TBD	TBD
115		December 2016		�		�		TBD	TBD
116		December 2016		�		�		TBD	TBD
117		December 2016		�	TBD	TBD		TBD	TBD
118		January 2017		�	TBD	TBD		TBD	TBD
		TBD
119		February 2017		�	TBD	TBD		TBD	TBD
120		February 2017		�	TBD	TBD		TBD	TBD
121		February 2017		�	TBD	TBD		TBD	TBD
122		March 2017 ?		�
123		April 2017		�	TBD	TBD		TBD	TBD
124		May 2017		�		�		�
125		July 2017		�		�		�
126		November 2017		�
127		November 2017		�
128		December 2017		�
129		February 2018		�
130		February 2018		�				�
131		February 2018 ?		�
132		March 2018		�		�		�
133		June 2018		�		�		�
Platforms that have not yet launched in the UK
		Unknown				�		TBD	TBD
		Unknown				�		TBD	TBD
		Being relaunched			�			TBD	TBD
		Unknown				�		�
		Unknown			�			TBD	TBD
		Unknown			TBD	TBD		TBD	TBD
		Unknown			TBD	TBD		TBD	TBD
Platforms that did not launch in the UK
		Did not     launch 16			�
		Did not launch
		Did not launch
		Did not launch		5
		TBD				�			�
		Did not launch		offline February 2015	TBD	TBD		TBD	TBD
		Did not launch		offline June 2016	11			TBD	TBD
Company		Launch Date	Origin	Live	Target Borrower			Lending Model
					Individuals (P2P)	Business (P2B)	Hybrid	Market 1	Auction 2

1 This is a money market where lenders have offered funds at defined interest rates
2 This is a reverse auction where lenders can bid on loans with the lowest rates winning (also referred to as a listing)
3 Zopa announced on 29^th June 2011 that there would not be any new listings after 30^th June 2011
4 Loans are available but there is limited supply from lenders
5 No response to emails
6 One Stop Funding are no longer seeking lenders as of January 2013
7 Hybrid model where borrower is actually the peer-to-peer provider
8 The Lending Well announced that they are withdrawing from the payday loan market and will be moving into others soon
9 Not offering peer-to-peer lending
10 Buy-to-let only for individuals
11 Students only
12 Bridging and development loans for individuals, small businesses including sole traders and property development companies
13 Closed to new lenders and borrowers while business is restructured
14 Only lends to Legal, Accounting, Medical and Veterinary professionals
15 Date peer-to-peer offering launched
16 civilisedmoney launched in 2011 and planned peer-to-peer offering in 2012

Loan Terms

There are a wide range of loan terms available.  These are shown from the perspective of the borrower.

Company	Type 1,2						Interest		Loan Term (months)
							Fixed Rate	Variable Rate	1	3	6	9	12	18	24	30	36	48	60	240
		�	�	�		�	�					�	�	�	�	�	�	�	�
	�					�	�						�		�		�	�	�
	Not applicable in the United Kingdom
	Not applicable in the United Kingdom
	�					?	�			3 months to 3 years
	�					�	�						�		�		�	�	�
	�	�				�	�						�				�		�
	�					�	�						�		�		�
	�					�	�							�	�		�	�	�
		�				�		�	1 month to 2 years
	�	�				�	�				6 months to 5 years
			�			�	�		30 to 120 days
	�	�				�	�				�		�	�	�		�
	�					�	�				�		�	�	�		�	�
	�					�	�										�
		�					�		�
	�						�								typically 2 to 5 years
				�			�										�
					�		�													�
	�					�	�				any term from 6 months to 5 years
	�					�	�				6 months to 5 years
	�	�				�	�			3 months to 5 years
		�				�	�		up to 9 months
		�				�	�			typically 3 months to 5 years
			�			�	�		typically up to 12 months
	�	�		�		�	�			typically 3 months to 5 years
	�	�							typically 1 month to 5 years or more
	�	�				�	�			typically 3 months to 5 years
			�			�	�		1 to 18 months
			�				�		3
	�					�	�				�		�				�		�
	�					�	�						�		�		�	�	�
	�	�				�	�						typically 1 to 12 years
		�				�	�				any term from 6 month to 5 years
	�					�	�				any term from 6 month to 5 years
	�					�	�						�		�		�	�	�
	�			�		�	�		any term from 1 month to 5 years
	�					�	�						�		�		�	�	�
	�					�	�						�		�		�	�	�
	�					�	�						any term from 1 year to 5 years
	�	�	�			�	�			typically 3 to 36 months
		�					�	4									�
		�				�	�				�	�	�	�	�	�	�	�	�
			�			�	�			3 to 6 months
	�					�	�										�		�
	�	�	�			�	�		�
			�				�				6 to 36 months
	�					�	�				�		�	�	�	�	�	�	�
	�					�	�			Unsecured 3 to 12 months Secured 6 to 60 months
			�			�	�		1 to 12 months
	�	�				�	�		1 to 12 months
		�	�	�		�	�					�	�	�	�	�	�	�	�
		�					�						12 to 60 months
Company							Fixed Rate	Variable Rate	1	3	6	9	12	18	24	30	36	48	60	240
	Type 1,2						Interest		Loan Term (months)

1 Interest defined as interest only with capital repaid at end of loan term
2 Term defined as capital and interest repaid at end of loan term
3 6 weeks
4 Tracks bank of England base rate

Company Size

Detailed company loan size are now shown in statistics.

Payment Attributes

Companies support various payment mechanisms for lenders and borrowers.

Company	Debit Card	Faster Payments	BACS	CHAPS	SEPA	Direct Debit	PayPal	Through IFA
		�	�	�	�
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	�	�	�			2
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	3	�	�			2
		�	�			2
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	�	�	�			2
			?			?
		�	�			2
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	4	�	�	�		2
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			7
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Company	Debit Card	Faster Payments	BACS	CHAPS	SEPA	Direct Debit	PayPal	Through IFA

1 This payment method had been offered previously, but was withdrawn
2 Borrowers only
3 Debit card payments now incur a �1.50 fee
4 Payments over the phone only
5 Debit card payments under �500 incur a �1 fee
6 Coming soon
6 Transfer to solicitor Escrow account

Lending Types

All P2P companies covered on the P2P money website will allow lending by individuals, but some will allow lending by businesses, provided their business isn't money lending.  In addition some companies allow lending though a SIPP, or investment fund.

Company	Type						Location			Currency
	Individual			Company 3	SIPP 4	Fund
	Retail 1	High Net  Worth 2	Sophisticated  Investor 2							�	�	$	฿
	�	�	�	�	�		�	�	�	�
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Company	Retail 1	High Net  Worth 2	Sophisticated  Investor 2	Company 3	SIPP 4	Fund				�	�	$	฿
	Individual						Location			Currency
	Type

1 An individual who is not a high net worth individual or a sophisticated investor
2 As defined in The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)
3 Business lending to individuals requires a consumer credit license, however lending to other businesses is exempt
4 A self invested personal pension
5 This should be available through Innvotec with a minimum �5000 subscription
6 By invitation

Lending Terms

Most peer-to-peer companies have the same terms for lenders and borrowers, however RateSetter have split their products so there can be different products and terms between lenders and borrowers.

Company	Type 1,2						Interest		Loan Term (months)
							Fixed Rate	Variable Rate	1	3	6	9	12	18	24	30	36	48	60	240
		�	�	�		�	�					�	�	�	�	�	�	�	�
	�					�		�					�				�		�
	�					�	�		�	�	�	�	�	�	�		�	�	�
	�					?	�			3 months to 2 years
	�					�	�						�		�		�	�	�
	�					�	�						�				�		�
	�					�	�						�		�		�
	�					�	�	�	�								�		�
		�				�	�	�					�
	�	�				�	�				6 months to 5 years
	�	�				�	�				�		�	�	�		�
	�					�	�				�		�	�	�		�	�
	�					�	�										�
			�				�		�
	�						�								typically 2 to 5 years
				�			�										�
					�		�													�
	�						�				any term from 6 months to 5 years
	�					�	�				6 months to 5 years
	�	�				�	�			3 months to 5 years
		�				�	�		up to 9 months
		�				�	�			typically 3 months to 5 years
		�				�	�		typically up to 12 months
	�	�		�		�	�			typically 3 months to 5 years
	�	�					�		typically 1 month to 5 years or more
	�					�	�			typically 3 months to 5 years
			�			�	�		1 to 18 months
			�				�		3
	�					�	�				�		�				�		�
	�					�	�						�		�		�	�	�
	�			�		�	�			typically 3 months to 5 years
	�					�	�				any term from 6 months to 5 years
	�					�	�						�		�		�	�	�
	�		�			�	�							�			�	�	�
	�					�	�						�		�		�	�	�
	�					�	�						�		�		�	�	�
	�					�	�						any term from 1 year to 5 years
	�	�	�			�	�			typically 3 to 36 months
	�						�		�								�
		�				�	�				�	�	�	�	�	�	�	�	�
			�			�	�			3 to 6 months
	�					�	�										�		�
	�	�	�			�	�		�
			�				�				6 to 36 months
	�					�	�				�		�	�	�	�	�	�	�
	�					�	�			Unsecured 3 to 12 months Secured 6 to 60 months
			�			�	�		1 to 12 months
	�	�				�	�		1 to 12 months
		�	�	�		�	�					�	�	�	�	�	�	�	�
		�					�						12 to 60 months
Company							Fixed Rate	Variable Rate	1	3	6	9	12	18	24	30	36	48	60	240
	Type 1,2						Interest		Loan Term (months)

1 Interest defined interest only with capital repaid at end of loan term
2 Term defined as capital and interest repaid at end of loan term
3 6 weeks

Lending Attributes

The lending attributes are those that set peer-to-peer lending aside from classic savings accounts.

Company	Uniform   Rate 1	Automated Lending	Automatic   Rebid 2	Secured on Asset	Bad Debt Provision 3	Automatic Diversification	Other Benefits
	�	�		�
	4	�			5	6
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	�	�			�		11
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		�		13			14
		�		15			16
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	�	�		�	�	17	11
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	�			18
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	�			19
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		�	�	13
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				19
	�			19	�
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Company	Uniform   Rate 1	Automated Lending	Automatic   Rebid 2	Secured on Asset	Bad Debt Provision 3	Automatic Diversification	Other Benefits

1 All lenders will receive the same interest rate
2 Ability to automatically rebid at new rate when outbid
3 This provision fund and/or insurance will attempt to repay lenders any monies lost to bad debt, but this isn't guaranteed if bad debt is more than the fund and/or insurance
4 All users will receive an average uniform rate; Zopa originally used this method on all loans
5 Protection available for "classic" and "access" products
6 Money is spread between multiple borrowers as a function of balance
7 YES-secure originally offered a form of insurance against bad debt for an increased fee, but this was withdrawn
8 Some loans have personal guarantees from the director(s), and some loans over �100,000 will be secured against assets
9 Some ThinCats loans have had a uniform rate
10 Borrower able to offer a personal guarantee
11 Interest paid on unlent funds
12 Unsecured loans will have personal guarantees, and bridging loans will be secured on assets
13 Borrowers have the choice of offering business assets or personal guarantees as security
14 A bonus of 20% of company profits will be paid to members pro-rated by the number of points they have acquired
15 Property developer for Cash-Free Housing/Parking loans provides a buyback guarantee for investors as they hold an equitable charge on the related properties
16 Special bonus payments for CashFree Housing/Parking loans
17 Funds are automatically diversified to reduce expose to any one borrower
18 First legal charge (or second in some instances) against properties; debentures, personal guarantees and other security taken
19 Some loans will be secured against assets

Lending Attributes 2

These attributes are on a per-loan basis.

Company	Loan Amount		Interest Rate (AER)				Lending Fees 1
	Minimum	Maximum	Minimum	Maximum	Step	Unlent 2	Offset	Percentage	Other
	�1000	unlimited	8%	15%	3	none	none	none	none
	�10	unlimited	3			4	none	none	none
	�5	unlimited	TBD	TBD	TBD	none	none	none	�0.38 5
	�25	unknown	5%	16%	unknown	none	unknown	none	none
	�10	10% 6, 7	8	10% to 18% 9	0.1%	none	0.9%	none	none
	�20	unlimited	3			none	1%	none	none
	�10	?	1%	25%	?	none	none	none	none
	�10	unlimited	0.1%	unlimited	0.1%	none	none	none	none
	�1000	unlimited	none	15%	0.01% to 0.25%	none	none	none	none
	�50,000	unlimited	6%	43%	3	4	0.05%	20% to 30%	none
	�100	unlimited	0.001%	unlimited	0.001%	none	none	none	none
	�50	�50	5.5%	7.75%	3	1.75%	0.5%	none	none
	�1,350	unlimited	9%	20%	1%	none	none	TBD 10	none
	�10	unlimited	12%		3	none	none	96.7% 10	none
	�50,000	unlimited	0.5%	11	TBD	TBD	TBD	TBD	TBD
	�25	5%	?	11	?	4%	none	none	none
	�14,000		7%	11%	3	none	none	TBD 10	none
	�25	20% 12	3			none	none	none	none
	�10	�2000	1%	9	1%	none	none	none	13
	�25	�250	none	unlimited	0.1%	none	none	none	none
	�25,000	�3,000,000	3			none	none	none	none
	�25,000	unlimited	7%	10%	0.5%	none	none	none	none
	�100	unlimited	12%		3	none	none	none	none
	�20	unlimited	7%	15%	0.1%	none	none	none	none
			7%		3
	�25,000	unlimited	5%	12%	3	none	none	none	none
	�1,000	unlimited	6%	14%	3	none	none	TBD	none
	�25	�25,000	13%		3	none	none	none	none
	฿0.01	unlimited	7.7%	40%	0.1%	none	none	none	none
	�20	�10,000	6%	12%	1%	none	28.8%   to 10 43.7%	none	none
	�100	TBD	10%	15%	TBD	none	TBD	TBD	TBD
	�20	�2000 7	4%	15%	0.1%	none	none	none	none
	�100	TBD	3%	10%	TBD	none	TBD	TBD	TBD
	�10	unlimited	5.5%	7.5%	3	14	none	none	none
	�10	unlimited	7.0%	13.6%	3	none	none	none	none
	�10	unlimited	TBD	TBD	TBD	none	0.5% + 2p	none	none
	�10	unlimited	0.1%	unlimited	0.1%	none	none	none	none
	�25	unlimited	8%	15%	3	none	0.75%	none	none
	�100	unlimited	3.5%	4.4%	3	none	none	none	none
	�25	unlimited	6%	13%	0.1%	none	none	none	none
	�10	�2000 15	7.35%		3	none	none	none	none
	�10	unlimited	16	99.9%	0.1%	none	1%	none	none
	�500	unlimited	6%	9%	3	none	TBD	TBD	TBD
	�10	unlimited	0.1%	6.5%	0.1%	none	none	none	none
	�500	unlimited	8%		3	TBD	none	none	none
	�20	unlimited	9	20%	0.1%	none	1%	none	none
	�1	unlimited	12%		3	none	none	none	none
	�10	unlimited	TBD	TBD	3	none	none	none	none
	�1000	unlimited	8%	15%	3	none	none	none	none
Company	Loan Amount		Interest Rate (AER)				Lending Fees 1
	Minimum	Maximum	Minimum	Maximum	Step	Unlent 2	Offset	Percentage	Other