Compare Peer To Peer Business Loans
- Peer-to-peer funding is becoming an increasingly popular source for business finance
- If you are looking for an alternative to traditional commercial loans providers, we can help you compare business peer-to-peer options
- Check out the latest available terms and amounts and apply direct
Choose your business loan type
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EJ Finance
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
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Minimum Turnover
£50,000 p.a.
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Available Amounts
£10,000 to £10,000,000
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Available Terms
1 months to 10 years
Company details
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Eligibility criteria
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
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Funding Circle
- Borrow £50,001 to £500,000 with the Government's CBIL scheme
- Nothing to pay until 2022 - No upfront fees - No early settlement fees
- Simple online application & decisions in as little as 5 hours
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Minimum Turnover
£200,000+ p.a.
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Available Amounts
£50,001 to £500,000
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Available Terms
2 to 5 years
Company details
- Funding Circle, supporting small businesses for over 10 years
- Used by over 57,000 UK businesses
- All Funding Circle do is small business, as a result 9 out of 10 of their businesses would come back first next time
Eligibility criteria
- UK-based business - 3 years of trading history - Adversely affected by coronavirus
- Loan primarily for trading in the UK
- Annual turnover from £200K+ up to £45 million - Over 50% of turnover from trading activity (e.g. not from investments)
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Swoop Funding
- Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating
- Experts in CBILS – borrow from £50k to £250k with no personal guarantee, no fees, no repayment for 12 months, no early settlement fee
- Speak to Swoop's team of experts – five-star Trustpilot rated
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Minimum Turnover
£50,000 p.a.
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Available Amounts
£1,000 to £10,000,000
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Available Terms
3 months to 6 years
Company details
Eligibility criteria
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Fluidly
- Instantly see funding products your business is eligible for, from across the market (no credit checks)
- A dedicated 5-star rated Funding Specialist on hand to support your application end-to-end (no hidden fees)
- Range of products available including CBILS, unsecured loans and asset financing
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Minimum Turnover
£100,000 p.a.
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Available Amounts
£50,000 to £10,000,000
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Available Terms
1 to 10 years
Company details
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
Eligibility criteria
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
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Fleximize
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Rates from 0.9% per month (10.8% per annum), with no additional fees
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Minimum Turnover
£60,000 p.a.
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Available Amounts
£5,000 to £500,000
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Available Terms
3 months to 4 years
Company details
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Apply online in minutes, receive funds in as little as 24 hours.
Eligibility criteria
- Minimum annual turnover of £60,000 p.a.
- Borrow between £5,000 and £500,000
- Business activities must be UK-based and impacted by Covid-19
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Portman Asset Finance
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
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Minimum Turnover
£150,000+ p.a.
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Available Amounts
£10,000 to £10,000,000
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Available Terms
Up to 5 years
Company details
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
Eligibility criteria
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
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Nucleus
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
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Minimum Turnover
£60,000 p.a.
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Available Amounts
£3,000 to £50,000,000
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Available Terms
3 months to 8 years
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility criteria
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
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Start Up Loans (British Business Bank)
- Interest rate of fixed 6% per annum
- Receive business mentoring and support after drawing down your loan
- No application fees or early repayment fees
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Minimum Turnover
No minimum
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Available Amounts
£500 to £25,000
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Available Terms
1 to 5 years
Company details
- Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
- Start Up Loans have helped over 40,000 businesses get started in the UK
- Free application support
- Free post-loan business mentoring
Eligibility criteria
- Business is based in the UK
- Trading for under 24 months
- 18 years and over
Suppliers that don't offer Peer To Peer Business Loans but may offer suitable alternatives:
Also for Business
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Peer-to-Peer Business Loans FAQ
What are peer to peer business loans?
Peer to peer business loans usually involve a number of small investments offered by individual investors that add up to the total amount a business is looking to borrow. Instead of borrowing all the money from a single lender, finance will be made available through a collection of lenders who will put forward the money. This arrangement can help to reduce risk and increase returns for lenders and improve interest rates for borrowers, under some circumstances.
How are peer to peer business loans arranged?
These loans are usually arranged through online platforms that specialise in providing this kind of alternative financing for businesses. They work in different ways, including auction-style systems or arrangements where interested lenders can view the business applying for loans and simply select how much they would like to invest. The online platform usually doesn’t lend any money to businesses itself; it just arranges the loan on behalf of the parties involved.
How do I apply for a peer to peer business loan?
Applying for a peer to peer business loan is a very similar process to applying for a regular business loan. You will need to provide some information about your business, including its financial records, address, trading history, profits and turnover. The peer to peer platform will most likely carry out credit checks on yourself, other directors and on the business itself.
Is peer to peer lending the same as crowd funding?
Although these two new financing options are often confused, they can be quite different. Fundamentally, through peer to peer lending, you will access a loan, which you will need to pay back at some point. Crowd funding on the other hand usually involves a collection of individuals who donate to a project in exchange for a percentage of the profits, a gift or nothing at all. The money is not expected to be repaid in most cases.
Are peer to peer loans secured or unsecured?
Loans through peer to peer lenders are usually unsecured, which means you do not have to put security forward in the form of property or equipment, for example, when you take out the loan. You cannot therefore lose ownership of your house if you struggle to meet your repayment responsibilities. If you miss payments, however, you may still see your credit rating suffer.
In what circumstances might I want to consider taking out a peer to peer business loan?
Peer to peer lending, along with other forms of alternative business financing, is becoming extremely popular as a way to access funding without having to approach the big banks. Plenty of people like the idea of accessing finance easily through an online platform and having visibility over how the loan is arranged as well as the cost of the loan. Other borrowers might have a poor credit rating and may find it easier to find financing through alternative financial providers, such as peer to peer lending platforms, than through the high street banks.
However, as with any business loan, it’s important to do your homework and compare peer to peer business loans to ensure you find a deal that is affordable and carries the right terms for your requirements.
Featured articles
Featured brands
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B2Bfinance.com Business Loans
B2Bfinance.com is a commercial finance brokerage, established in 2005, that covers a wide range of product types and lenders.
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EJ Finance Business Loans
Broker offering access to over 200 lenders, covering all sectors and business types.
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Fleximize Business Loans
Flexible business loans with secured and unsecured borrowing options and dedicated support for customers.
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Fluidly Business Loans
Tailored funding on a range of commercial finance products for all types of business.
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Funding Circle Business Loans
Commercial peer-to-peer platform that connect businesses in need of funding to willing investors.
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Funding Hut Business Loans
FCA-authorised broker offering a range of finance types and a quick application process.
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Newable Commercial Finance
FCA-regulated commercial finance broker with access to 200+ lenders.
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Nucleus Business Loans
Launched in 2011, Nucleus Commercial Finance is a specialist business lender that offers a range of loan types from asset funding to property finance.
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Portman Asset Finance Business Loans
Business finance broker with specialist sector experience to offer fast and flexible finance solutions.
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The Start Up Loans Company (British Business Bank)
A subsidiary of the British Business Bank, the Start Up Loans Company was created to provide funding for new businesses.
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Swoop Funding Business Loans
Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating.
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