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Alternative Business Funding

I would like to borrow

over

  • Min Trading Period
    24 months

    Minimum Amount
    £250,000

    Maximum Amount
    £15,000,000

    Loan Term (months)
    3 - 24

    Loan Rates
    8.45%

    Est. total repayment

    Established in 2014, Archover borrowing terms range from 3 to 36 months and loans are for any business purpose, typically raising working capital, replacing invoice discounting or bank overdrafts.

    Connecting businesses requiring finance with investors seeking a secure and favourable return

    ArchOver is a peer-to-peer business lending platform that offers SMEs a more flexible way to raise working capital. So far, we have helped our Lenders invest over £110 million to British businesses, providing them with interest of up to 10% p.a. in return. With the exception of our Research & Development Advance lending service, all loans are secured against the borrowing business' assets. As a Lender, you have the power to invest loan-by-loan, or on an automated portfolio basis via our Investment Plan.

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  • Min Trading Period
    24 months

    Minimum Amount
    £5,000

    Maximum Amount
    £1,000,000

    Loan Term (months)
    6 - 60

    Loan Rates
    4.5%

    Est. total repayment

    Funding Circle is one of the oldest P2P lenders (est. 2009) for business loans. They have helped 72,000 small businesses across the world. 83,000 investors have lent £5.4 billion through Funding Circle, earning £290 million in interest.

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  • Min Trading Period
    24 months

    Minimum Amount
    £1,000

    Maximum Amount
    £500,000

    Loan Term (months)
    1 - 12

    Loan Rates
    7.2%

    Est. total repayment

    Growth Street is a peer to peer lender offering business finance of between £25K and £1m to SMEs in the UK. 

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  • Sponsored

    Min Trading Period
    24 months

    Minimum Amount
    £10,000

    Maximum Amount
    £250,000

    Loan Term (months)
    1 - 15

    Loan Rates
    24.20%

    Est. total repayment

    Fast, flexible business loans

    Spotcap offers fast, flexible and transparent finance, allowing you to focus on what matters – growing your business. We provide unsecured business loans of up to £250k.

    At Spotcap, we help businesses to innovate, grow and stay competitive with fully unsecured loans between £10k and £250k. SMEs can apply, receive a flexible credit line and draw down within 24 hours. There’s no need to go through laborious application forms and our team of industry professionals understand what businesses need. Unlike traditional lenders, we focus on how well your business has performed recently.

    Credit lines are fully unsecured
    No penalty fees if you repay your loan early
    No upfront application fees
    Get a loan decision within 24 hours of finalising your online application

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  • Min Trading Period
    36 months

    Minimum Amount
    £25,000

    Maximum Amount
    £750,000

    Loan Term (months)
    3 - 60

    Loan Rates
    6.9%

    Est. total repayment

    RateSetter are a P2P lender established in 2010. They offer business loans, personal loans, and property loans.

    If you choose to lend money via Ratesetter they offer five different investment products Everyday Investing Access, Everyday Investing Plus, Everyday Investing Max, IFISA and SIPP.  Lenders' interest is paid on a daily bases.

    RateSetter operates a provision fund which can pay out if a borrower defaults on their loan repayments, this facility is given at the discretion of The Provision Fund and may not pay out the full amount. The website states that to date “The Provision Fund has a 100% track record over 9 years.”  Here is a link for a more in-depth look at their Provision Fund

    The platform makes it easy to withdraw funds and states that on average it takes 24 hours for them to be released, but is not guaranteed.

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  • Min Trading Period
    Start-up

    Minimum Amount
    £2,000

    Maximum Amount
    £1,000,000

    Loan Term (months)
    1 - 12

    Loan Rates
    36.8%

    Est. total repayment

    Ultimate Finance provides funding for SMEs when they need it, no matter the current stage of their business. Therefore, Ultimate Finance provides a range of funding choices suitable for most business needs. The company has lent more than £1billion in loans over the last 17 years in various industry sectors.

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Disclaimer: The comparison table was compiled in January and February of 2017 and the information has been either sourced from the company’s website or we have called the business. Some businesses have not provided us with the data and this is highlighted in the table. Alternative finance investments are not covered under the FSCS however each company performs its own due diligence procedures and has different methods to protect the investor. Please note in all cases additional fees may apply. We have tried to show this where possible on the table. This table should only be used as a guide and should not be relied upon to make investment decisions. Please note your capital is at risk and businessagent.com may be paid a commission from the company if you invest . Please check the terms and risk warnings thoroughly before investing. Click here for our full risk warning.
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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