Peer-to-peer business lending boost

Updated
Vince Cable
Vince Cable

Alternative lending for small businesses that uses the web to match borrowers and lenders has received a £110 million boost from the Government and private sector.


Business Secretary Vince Cable pledged £55 million to small business finance through peer-to-peer lenders, splitting the cash between providers Funding Circle, Zopa, Boost and Credit Asset Management.
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