We’ve all heard about peer-2-peer finance. By borrowing money from many different individual lenders as opposed to just one, they are sometimes able to provide finance to businesses with different criteria or circumstances, providing some small businesses with options even if they have been declined by their bank.
However, peer-2-peer finance is not always the holy grail for all businesses. In order to get the right finance for your business, you need to ensure that you approach the right lender for finance, whether that is a peer-2-peer lender, or one of the more traditional routes. The right lender for each business will depend on the particular business in question. Speak to your local ASC Director today, and they can discuss arranging the right finance for you, whichever type of lender.
