Now a completely established, proven method of raising finance without the need for banks. Simply put, crowdfunding (also known as Peer To Peer Lending) involves syndicates of private individuals making loans to businesses.
Now a completely established, proven method of raising finance without the need for banks.
Simply put, Crowdfunding (also known as Peer To Peer Lending) involves syndicates of private individuals making loans to businesses.
If your business falls outside of traditional Bank lending criteria, Crowdfunding may offer a solution.
The Crowdfunding market continues to evolve and at Partner we make it our job to remain up to date with developments. We work with a panel of Crowdfunding platforms so that you can be sure that you are receiving the best possible advice in this area.
We can advise you on the most suitable Crowdfunding platform for your business’s individual requirements and help you put together a borrowing request to maximise your chances of a successful outcome.
In addition to Crowdfunding, the following alternative sources of finance are available:
Local Authority Loans
Some Local Authorities have loan funds to assist local businesses when they can’t raise funding through their banks. Applying for these loans can be a time consuming and complicated task but Partner has the experience and knowledge to help you to apply for this little-known source of finance.
Community Finance Development Institutions
Community Development Finance Institutions can be an ideal route for businesses to obtain smaller amounts. CDFIs are small, independent organisations, not part of multinational companies like the banks. CDFIs’ primary mission is not to make a private profit, but to support communities by providing affordable finance that would otherwise not be available.
Please see our Case Studies section for examples of how Partner has helped real businesses raise finance when banks can’t help.