With the UK banking sector reluctant to offer new and innovative ways to fund, it falls to private investors to fund more of today’s business growth.

Accessing “Dragons Den” type capital can be both expensive and time consuming for the end user, and, where the business is already established, may be unnecessary.

Causon Business Finance has access to a “peer to peer” funding solution. This brings together private individuals willing to lend with businesses seeking funding solutions. We have to prove you are a well established business which poses little risk of failure to funders, but assuming we can do this and the rationale for the loan is sensible, we can more often than not get a loan approved and funded.

Typical proposals, which would not have been funded through traditional banks or finance companies would be:

  • Unsecured loans for expansion,
  • Property improvements,
  • Working capital,
  • Acquisitions,
  • 100% of value asset finance and more.

Once your business lending proposal has been accepted by the central underwriters, your loan request is loaded up onto an online bidding system. Individuals can then bid to lend against the proposal, lending from as little as £20 up to the full value of the loan. Higher bids drop off the list as lower bids come on the system, giving the end customer a lower rate of interest, whilst the lenders are getting better interest rate than having their savings in a bank account.

If you are interested in becoming either a lender or a customer, please contact us in the usual way.

 

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  • About

    Causon Business Finance was formed in 2007 by Richard Causon. Richard has been in the Asset Finance Industry since 1996, dealing with a wide range of business sizes and types.

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