Here is a chart that shows the different types of security that rebuildingsociety has taken on completed loans. The minimum we take is a Director Personal Guarantee on every loan, but we take security over property or business assets on 3 out of 5 loans. Read more in our FAQs
When buying loans on our Secondary Market, investors can choose the type of loan by security – we’ve found that some investors have preferences for loans secured on property, whereas others prefer personal guarantees as back-up because they tie the director to the business, emotionally.
Of course, no-one ever wants to get to the point where charges on security are enforced, but it gives a degree of comfort to lenders that there is recourse in the event of a default when making a p2p investment.
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...
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...
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,...
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...
