An initiative that delivers real economic benefits

LendingCrowd has entered into a ground-breaking initiative with the investment arm of Scottish Enterprise, Scottish Investment Bank (SIB), which sees almost £3 million worth of additional investment being made available across our peer-to-peer (P2P) lending platform. It’s aimed at funding the growth of Scotland’s most exciting SMEs.

In the first initiative of its kind in Scotland, SIB will invest alongside private sector investors. This will be lent to qualifying Scottish companies. SMEs can often struggle to secure finance via traditional lending methods, despite their potential to make a strong contribution to the Scottish economy.

This exciting initiative uses a new and growing innovative source of alternative finance to increase the supply of funding to Scottish SMEs.

Together we can bring real benefits to the Scottish economy.

 

Our initial criteria

  • You have to have been trading for a minimum two years.

  • A limited company or a limited liability partnership can borrow from £5,000 to £250,000.

  • Have a turnover of at least £100,000

  • A sole trader or partnership can borrow from £25,000 to £250,000.

Check your eligibility

Are you a Scottish-based business looking for funding? Find out if you’re eligible for a business loan in 60 seconds.

How It Works

You can carry out an eligibility check in 60 seconds and apply in 30 minutes. We make a decision on your loan within 48 hours. Once your loan is approved and funded you’ll have it within five working days. Our fees are transparent and there are no penalties for early repayment. You also have direct access to our credit team, so you’ll have an expert on hand to answer your questions.

For a better loan you need to think outside the bank.

Case Study

SortMyPC

SortMyPC needed funds to complete an acquisition to help them grow. Their MD loved the flexibility of our financing and also the personal touch from our credit team. The company reached its loan target of £73,000 and the funding they secured allowed them to continue to successfully grow the business.

“The LendingCrowd team were excellent to deal with and showed great interest in what we were trying to achieve. They worked closely with us to create a solid pitch document in order to get our loan listed on their marketplace. They provided excellent customer service and I can’t recommend them highly enough.”

Gordon Sayers, Managing Director, SortMyPC

Check your eligibility

Are you a Scottish-based business looking for funding? Find out if you’re eligible for a business loan in 60 seconds.

Have any questions?

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Borrower FAQ

The most frequently asked questions by our loyal borrowers.

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Borrower Guide

Download our borrower guide and learn a little more about borrowing with LendingCrowd

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Visit our Help Center

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0131 564 1600
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If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

LendingCrowd is a credit broker and not a lender.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

Copyright © LendingCrowd 2017. All rights reserved.

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