Peer to peer lending is the process of debt financing that lets people lend and borrow money with the help of a mediator. It cuts the “red tape” involved in getting a loan approved. The entire system is attractive to borrowers as they get the money, they need without any troubles
. It is advantageous to investors because the debt leads to income. Today, Peer to peer lending is one of the most ground-breaking ways you can invest your money. Built on a simple principle of lending and borrowing, peer to peer lending podium uses revolutionary technology to link borrowers that are in quest of swift capital injection to lenders looking forward to earning high returns. One of the most important things is the trust between borrowers and lenders in peer to peer lending. Rebuilding Society is one such peer to peer lending platform you should consider giving a try. You should read honest reviews about Rebuilding Society here.
About Rebuilding Society
Headquartered in Leeds, West Yorkshire, Rebuilding Society is a web-based lending podium that is dedicated to linking businesses seeking loans with private lenders that are looking for a better return on their money.
Just like most other companies in her category, Rebuilding Society was painstakingly created to address 2 problems. Whilst the first is the frustration most business owners have with access to finance, the second is the unsatisfactory levels of interest that lenders receive from traditional investments and funds solutions. The company claims to have started receiving loan requests in September 2012, authorized and regulated by the FCA, and funded her first contract in January 2013. In February 2016, she topped the list of platforms that received full FCA authorization and in a whilst, then launched her state-of-the-art finance ISA (IFISA) accounts, thus allowing investors to benefit from the tax-savings presented by the ISA covering. Today, Rebuilding Society claims that she has facilitated not less than £15m from over 250 UK SMEs in quest of finance. Aside from functioning as a lending podium, Rebuilding Society is also a network principal that is focused on managing a wide range of appointed representatives. In line with Rebuilding Society’s policy, SME borrowers’ business must be money-spinning and VAT registered, borrowers must have good credit history, directors and/or partners must be UK residents, businesses must have been in operation for at least two years and have two sets of twelve-monthly accounts filed. Additionally, they must meet such criteria as loan sizes £25,000-£450,000 and terms of 6-60 months, must have an average three-monthly income of not less than £50k (of last 4 quarters). Just like her peers, Rebuilding Society accepts limited companies, LLPs, PLCs, and social enterprises.
Beyond the bank - Rebuilding Society
Specialities of Rebuilding Society
Rebuilding Society specializes in different areas including fundraising, investments, crowdfunding, FinTech, savings, alternative finance, peer to peer lending, business loans, and business funding and more.
Complaints and feedback on Rebuilding Society
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