The Student Room Group

Peer to peer funding

Hi there,
Is peer to peer funding a short-term or a long-term source of finance?
Reply 1
Depends on the situation, in short-term they are giving quick capital for the business to use as finance, the business would then pay off that loan over a fixed period of time. However, if the terms of that loan state that in a P2P they'd be lending capital over a period of time say £3k every month for 6 months, then in this case it would be long-term - but P2P is more commonly assumed to be a short-term source of finance if the terms of the P2P isn't specified.
(edited 1 month ago)

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