Peer to Peer lending alternative for SMEs in the UK
Discover the unique business lending solution that’s using the versatility of the internet to deliver unsecured loans to UK firms.
Apply online
Don’t waste time with unnecessary forms and meetings.
For any purpose
Flexible, controllable funding, tailored to your specific needs.
Maximise ROI
Competitive rates and charges, with no hidden costs.
Peace of mind
Your application is processed promptly, rigorously and securely.
What is Peer to Peer lending?
In giving new ways for people to connect, the internet has given rise to new business finance models, such as Peer to Peer lending (P2P). This is a vehicle that serves both people wanting to invest small amounts of capital and businesses seeking to borrow.
P2P lending is an alternative to business finance from traditional lenders, but it’s not the only internet-powered alternative. Spotcap also harnesses the internet to offer an online lending solution that’s delivered quickly and flexibly.
You apply for a Spotcap loan online, largely by uploading standard financial reports. Our underwriters and a unique credit analysis algorithm analyse these, and approval is usually given within 24 hours, with funds immediately available.
What is Peer to Peer lending?
In giving new ways for people to connect, the internet has given rise to new business finance models, such as Peer to Peer lending (P2P). This is a vehicle that serves both people wanting to invest small amounts of capital and businesses seeking to borrow.
P2P lending is an alternative to business finance from traditional lenders, but it’s not the only internet-powered alternative. Spotcap also harnesses the internet to offer an online lending solution that’s delivered quickly and flexibly.
You apply for a Spotcap loan online, largely by uploading standard financial reports. Our underwriters and a unique credit analysis algorithm analyse these, and approval is usually given within 24 hours, with funds immediately available.
How can a Spotcap loan be your alternative to P2P lending?
Our flexible finance solution can provide the working capital you need for your business. Here’s how it could make a difference:
How does a Spotcap loan compare with P2P lending?
Businesses are often attracted to Peer to Peer lending because it avoids engagement with major banks and other traditional lenders, with their often slow and bureaucratic approval processes.
A Spotcap loan offers a more straightforward approach. Benefit from an online application process, a prompt response based on a unique assessment of a firm’s current financial condition, and the absence of a need for security.
Further advantages include considerable flexibility, with no requirement to borrow and pay interest on all the funds that were applied for, and no penalty for early repayment. All these features mean a Spotcap loan is a versatile solution for your business finance needs.
Spotcap P2P lending alternative - the key facts
Benefit from a different approach to business lending in the UK
Business loan repayment calculator
£9,340
Monthly Repayment
Monthly Repayment
£9,340
How to apply for your small business loan
Sign up
Applying for a business loan starts with entering basic personal and business information.
Complete the application
Link your accounting software or upload financial statements, along with bank statements, to complete the loan application.
Get approval
Once approved, you’ll have access to your business loan within one working day.