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ArchOver reviews

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Rated Good • 4.00/5

ArchOver reviews

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Review summary

People rate this company as Good based on 5 product reviews

Average score of 4.00/5
5 star
60%
4 star
0%
3 star
20%
2 star
20%
1 star
0%

Latest positive rating

5/5

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... 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. Read more Read less

{"display":"Pete ","full_name":"Pete ","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar

Latest negative rating

2/5

So far so OK

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... 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. Read more Read less

{"display":"Home boy","full_name":"Home boy","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
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About ArchOver

ArchOver reviews can help you to find out what being a customer with ArchOver is really like. ArchOver helps companies to borrow using innovative, forward thinking solutions that "rewrite the rule book used by traditional lenders". Smart Money People is the place for ArchOver reviews. With your reviews, we can help to increase trust and transparency in Financial Services.

Reviews for ArchOver

Showing 5 of 5 company reviews

Okay

Peer to Business Lending • 10th March 2023

Its risky, but you go in with your eyes open

{"display":"Chris","full_name":"Chris","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Rated Average • 3/5
Read more product reviews

Excellent Service, Excellent Returns

Peer to Business Lending • 3rd April 2017

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... 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. Read more Read less

{"display":"Pete ","full_name":"Pete ","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Rated Excellent • 5/5
Read more product reviews
  • 5/5

    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.

    {"display":"John","full_name":"John","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
  • 5/5

    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... 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 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. Read more Read less

    {"display":"Susan Ellins","full_name":"Susan Ellins","avatar":{"url":"\/assets\/uploads\/avatars\/users\/6734.png"}}'s avatar
  • 2/5

    So far so OK

    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... 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. Read more Read less

    {"display":"Home boy","full_name":"Home boy","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
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