Business awards recognise P2P service and technology standards
Assetz Capital, Funding Circle, CrowdProperty, Kuflink and SoMo have all been shortlisted for the Business Moneyfacts Awards 2022, alongside other alternative lenders such as Landbay, Nucleus Commercial Finance, Iwoca, and LendInvest.
The industry awards are set to take place on 28 April 2022 and aim to highlight the top business finance providers in the UK.
Peer-to-peer lenders Assetz Capital, Funding Circle and Kuflink have been nominated for ‘Best Alternative Business Funding Provider’.
CrowdProperty, Funding Circle, Kuflink and SoMo have all been nominated for the category: ‘Best Service from an Alternative Funding Provider’.
Alternative lenders dominated the shortlist in the service and technology categories.
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LendInvest was nominated for ‘Best SME Finance Technology’, and ‘Best Service from a Specialist Buy-to-Let Mortgage Provider’, while Iwoca was nominated for ‘Innovation in the SME Finance Sector’.
Nucleus Commercial Finance was shortlisted for the ‘Best Asset-Based Lender’ award, and ‘Best Service from an Invoice Finance Provider’.
LendInvest and Assetz Capital will go head-to-head in the ‘Best Development Finance Provider’ category, while Landbay and LendInvest will compete against each other for the ‘Best Service from a Buy-to-Let Mortgage Provider’ award.
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“The last year has seen the business finance sector rise to numerous challenges placed upon it by economic and Covid disruption,” said Lee Tillcock, editor of Business Moneyfacts.
“While uncertainty continued it was the brokers and providers that offered the funding certainty and knowledge that helped many businesses flourish.
“The finalists and eventual winners at this year’s awards should be rightly proud of their achievements and have offered a range of products and services that have best supported the sector, at a time when its success and growth remain vital to the recovery of the wider economy.”
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