Like crowdfunding, peer-to-peer lending connects your business with corporates and individuals that want to lend money, often at lower interest rates than you can get from a bank.
Arranged via online platforms such as Assetz Capital, it’s a quick and easy way to access money, especially as the borrowing criteria can be less strict than with most traditional lenders.
Do your sums beforehand, though; once all the related costs are taken into account, a peer-to-peer loan can still prove more expensive than a standard business loan.