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Peer 2 Peer lending as a tax free investment for ISA funds

Peer 2 Peer lending - Is it an innovative solution for future business funding, cashflow finance and cashflow problems?

Peer 2 Peer lending is slowly expanding as a source of business finance in the UK, but could soon get a real boost, as according to little advertised statement by the Chancellor during the budget, Peer 2 Peer lending could be introduced, within 12 months, as a tax free investment for ISA funds.

This could have significant implications for the alternate funding mechanisms for SME business and provide an additional readily accessible source of finance for SME’s to use for either dealing with immediate cashflow requirements or longer term funding.

Read the full article on our sister company's website, Cashsolv, to hear how this will shake up the options for SME funding.

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