Client is looking to get a loan of £800k over a 10 year period.
Is Funding Circle most appropriate for this? What is client experience like?
Last year's post - https://www.accountingweb.co.uk/anyanswers/question/funding-circle
Just want more recent experience.
Apart from banks are they other options?
Replies (3)
Please login or register to join the discussion.
Are they doing loans of that quantum/ length these days
I did lend some money on Funding Circle for a while and the maximum loan was far less than £800k, also the longest term loan i ever made was 5 years. Are they lending at that sort of level (I know they have started lending on property) and for that sort of term?
You can borrow up to £1m through funding circle, but the maximum length appears to be 5 years.