We’ve noticed that some users have configured their bidding preferences without adding funds to their account.
It’s easy to add funds from the dashboard, just input the amount in the popup & we’ll credit your balance once the funds clear on the account, we check the account several times a day so you should not have to wait more than a few hours to see your balance increased. All funds are held in a segregated account. Note that BidPal will only lend up to 5% of your bid capital.
Related Articles
14th Apr 2020
With the current COVID-19 crisis decimating the income streams of businesses up and down the country, working capital and cashflow has never been harder to manage for SMEs. Whilst the government’s emergency Coronavirus Business Interruption...
25th Nov 2019
The secondary marketplace has enjoyed a sustained level of buoyancy since the introduction of the BuyBack Guarantee. The months of September, October and November 2019 have seen the highest levels of trading between investors since...
31st Oct 2019
This summer, the rebuildingsociety team launched, created a major innovation in P2P lending, the Peer-to-Peer Lending Buyback Guarantee (BBG). It allows a primary lender to act as guarantor to microloans they sell onto secondary lenders,...
4th Oct 2019
Are you a director who has lent money to your business as a director's loan? Are you using the IFISA to save you tax on the interest repayments of this loan? Many successful entrepreneurs and...
