How To Get A P2P Business Loan

To get a business loan via p2p platforms such as Money&Co., you apply online. Here’s the practical process: You can apply for loans by contacting the site and filling in a short questionnaire.
We will check your company’s finances and if we think it is creditworthy, we will give it a risk rating. The ratings range from A+ for the most creditworthy company, through A, B+, B and C+, with C+ being the riskiest category.
We have to do a series of checks on your company and on you. We check out the lenders to make sure they’re not involved in money laundering and are suitable to blend. We execute exactly the same series of checks on you.

P2P Business Loan, minimum requirements

The minimum requirements to get a business loan via Money&Co. is three years’ filed accounts, a minimum company turnover of £100,000, profitability in at least the last full financial year, and possession of UK company or limited liability partnership status.

We will take a legal charge on the assets of your company to protect the interests of our lenders. It’s a senior debt, meaning that the debt ranks first, before any others. In the case of Money&Co. loans, we require all other debts to be discharged before we facilitate the loan.



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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.