8 years ago
Credit Peers Secures £45m Credit Line to Expand Its Business
Credit Peers, a London-based peer-to-business (P2B) secured property lending platform, has secured a £45 million credit line from an undisclosed European investment management firm
The funding will allow Credit Peers to expand its business, which provides fast-tracked debt funding to experienced property investors and developers on investment grade property transactions across the UK.
ProblemFinancial Services
"Making it difficult for property investors and developers in the UK to get fast, flexible debt funding."
Solution
"Credit Peers provides a loan-based P2B platform offering fast-tracked debt funding to experienced property investors and developers on investment grade property transactions across the UK. Lenders can choose to finance a specific property asset or opt for the auto-match product which allocates funds to the next available loan that meets their criteria."