P2P lending is a term used to describe a lending system that allows people or businesses to lend to each other.
There are many popular P2P lending platforms available around the world and has steadily grown in popularity in recent years.
For P2P lending, a borrower puts their case forward on a semi-public website or forum, and the lender/investor decides whether they think their story is strong enough for them to part with their hard-earned cash for.
The P2P lending platform would assess the borrower and establish if they were honest about what they needed the money for and if they had the capacity to repay the loan.
Many of these deals involve multiple investors to share the cost and risk of the investment. For instance, the borrower may be looking for €100,000, so they would need many investors/lenders to secure enough funding.
P2P lending is becoming a popular low-risk method of finding a better return on your investment. Quantum Life often advise on loan notes which connect investors with borrowers.
P2P Lending Advice | Quantum Life
P2P lending is becoming a popular low-risk method of finding a better return on your investment. Quantum Life often advise on loan notes which connect investors like you with suitable investment options