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Crowd For Angels: Peer to Business Lending reviews

Name: Peer to Business Lending
Rating: 3 (3 reviews)

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3.00

Based on 3 reviews, last reviewed 15th Nov 2018

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Latest highest rating:

4

Good Performance of Bonds and customer service The platform offers different types of fund raises, but I just have an IF-ISA with them. So far the bonds I have invested in have paid back early or a... Read more Reviewed on: 15th November 2018

Latest lowest rating:

1

Not what you'd expect from an Angel investment network Surprised that key points in our pitch (traction, CAC, competitive edge, problem/ solution, revenue model etc) were overlooked in favour of questions ... Read more Reviewed on: 16th January 2018

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About this product

Crowd For Angels peer lending reviews on Smart Money People help people like you thinking about what life is like as a Crowd For Angels customer to find this out. What is customer service like? Is the online experience quick and simple? You can find this out by reading our Crowd For Angels peer lending reviews. If you are a Crowd For Angels customer, you can also write your review today!

Crowd For Angels Peer to Business Lending reviews (3)

Review of the Crowd For Angels, Peer to Business Lending:

Not what you'd expect from an Angel investment network

Surprised that key points in our pitch (traction, CAC, competitive edge, problem/ solution, revenue model etc) were overlooked in favour of questions that seemed to be more specific to accounting. Seems to prefer valuing companies based on asset/ liability ratio (which would immediately exclude any startup, irrespective of whether you have EIS / SEIS) Also not encouraging to see that at least 2 of their recent 'success' stories where investment was secured, no longer exist/ trade. If I was an investor in those co's off the back of this platform, I'd be pretty upset! All in all, proof that as an entrepreneur, you need to choose your investment partners/ investors carefully! Reviewed on: 16th January 2018

Good Performance of Bonds and customer service

The platform offers different types of fund raises, but I just have an IF-ISA with them. So far the bonds I have invested in have paid back early or are on time and give a good return (not as high as Lendy, but better than LendInvest). It is easy to get hold of someone via telephone as well, which is easier than emails back and fourth. However, they have a lot fewer deals than other lenders and it can take a while for your investment to start generating an income. Overall, good platform, good customer service and I continue to lend with them. Reviewed on: 15th November 2018

An interesting range of projects

I was intrigued by the peer financing/crowdfunding nonevent so signed up to a few sites. The deals feel a bit fairer valued and I like the fact that some v early stage businesses are attracted. No exits yet, but I don't invest more than I could afford to loose. Reviewed on: 16th March 2016