Over the past few years, Peer-2-Peer (P2P) lending has expanded rapidly, providing investors who are looking for a more competitive rate of interest as an alternative to traditional savings model. P2P facilitates borrower’s access to funds without them having to apply through financial intermediaries such as banks, payday loan providers and other institutions.
This shift from the traditional lending and savings models means that it is extremely important that providers assist both their investors and borrowers in understanding the risks associated with P2P lending and that providers are aware of the regulatory requirements imposed upon such models.
Thistle Initiatives have a wealth of knowledge and experience in assisting P2P providers in becoming directly authorised with the FCA or becoming an appointed representative under Resolution Compliance.
To date, we have a 100% track record in obtaining authorisation for firms in respect of P2P lending with a variety of business models; from property to traditional consumer and business lending.
Feel free to call us for a no obligation assessment of the best approach for your business
Telephone: +44 (0)20 7436 0630