3rd April 2017
Excellent Service, Excellent Returns
Have been lending with ArchOver for >12 months. Earning between 7-8% and can hand pick which businesses I lend to. Excellent customer service and always available to help both via phone and email.
Your Peer to Business Lending Reviews (4)
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1st April 2017
Easy, and safe - zero defaults and they have a major corporate owner
Love their product - I am lending to UK business and getting a good rate of return.
24th December 2016
First timer does Peer to peer lending
I would usually shy away from risk but as i am not earning I need to make my savings work for me. I chose Archover and some other P2P lenders due to the ease of use and understanding of the website and the interest rate but also the double security...
Read moreI would usually shy away from risk but as i am not earning I need to make my savings work for me. I chose Archover and some other P2P lenders due to the ease of use and understanding of the website and the interest rate but also the double security it does offer. It was well recommended and I have so far been impressed by the simplicity it offers. Early days is the only reason i wouldn't rush to recommend to family.
2nd June 2016
So far so OK
Archover are small with an attractive proposition, high rates (6-8%) with the double security of collateral and loan...
Read more Archover are small with an attractive proposition, high rates (6-8%) with the double security of collateral and loan insurance.
However the website is simplistic and the back office processes are not connected or real time, all deposits are via direct bank transfer, and to a different account for each loan which is cumbersome.
So far no losses have been incurred, so collateral and insurance processes are untested!
Only for sophisticated investors.