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Name: Linda

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swift and effective process with good outcome

4
Last year my business needed a new server installed. Although we did have the funds I did not want to use what is precious cash flow in our quiet period and wanted to spread the cost over 3 years. As a micro business, securing a small loan from the bank meant jumping through hoops and being faced with an outrageous interest rate. My accountant suggested I look into peer to peer lending with Invest and Fund. I found the team there extremely helpful and approachable, the process relatively smooth and most importantly quick. I put together my needs and the business background. I was asked some salient questions by potential lenders which I could answer quickly and easily. My requirements went to an auction, actually quite an exciting process as you see interest in your business grow and interest rates reduce. We received the funding quickly and could go ahead with the purchase. I really can highly recommend Invest and Fund and peer to peer lending as a pragmatic and cost effective alternative to the banks reluctance to lend and expensive costs for small businesses. Reviewed on: 18th March 2015
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Linda