Platform News

How to Keep Family and Friends Loans Strictly Business –...

9th Oct 2017

You may have shunned the bank by borrowing from family or friends, but you should still treat the loan as formal business. After all, borrowing money is not the same as borrowing the car. To be sure you and your family and friends have a clear idea of what financia...

Submitting a Loan Application

17th Jul 2017

At rebuildingsociety.com, we appreciate how busy life can be as a business owner. That’s why we’ve tried to make our application process as simple as possible. (more…)

Activate your Weekly Repayment Summary Emails

16th Jun 2017

At rebuildingsociety.com, we like to keep both borrowers and lenders informed about their recent activity and the updates that affect them. One of the ways in which communicate is through the weekly repayment emails we send out to our lenders. In these emails, we offer an u...

Rebuildingsociety.com Launches Appointed Representatives Initiative

30th May 2017

Following our recent FCA authorisation, we are excited to announce that we are now offering companies the opportunity to collaborate with us as Appointed Representatives. The Appointed Representatives scheme allows companies not yet authorised by the Financial Conduct Aut...

How do we Evaluate Loan Applications? Our Lead Underwriter Explains

21st Sep 2016

At rebuildingsociety.com, we carefully assess the viability of every loan application that comes our way. To learn more about this process and understand what makes a business the best fit for our community, we've interviewed Philip, our lead underwriter and part of our unde...

Do You Know… What we look for?

1st Sep 2016

There is a lot of work which goes on behind the scenes from the point when an application is first submitted until the point at when it goes live on the marketplace. To give you an idea of the time involved, the borrower team spend an average of nine days on the assessmen...

Did you Know: About our Late Repayment Process

31st Aug 2016

We take every measure we can in order to avoid it, but from time to time, a rebuildingsociety.com borrower will fall behind on a repayment. When they do, we have a robust process in place to deal with it. We know that, when a loan repayment is late, investors value two th...

Did you Know: We Monitor all Active Loans

6th Jul 2016

Our Did You Know series highlights features, aspects and information about the platform that may have passed you by. When a loan auction is completed, rebuildingsociety.com staff get to work behind the scenes on ensuring that it's as successful as possible for all par...

Did you Know: We do Credit Checks on All Borrowing...

14th Jun 2016

Our Did You Know series highlights features, aspects and information about the platform that may have passed you by. When we receive a loan application, we take it through a number of checks and verifications, and a whole lot of scrutiny, before we allow it to be list...
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