P2P lenders hailed for service quality
Peer-to-peer lenders have swept the nominations for best service from an alternative funding provider in the upcoming Business Moneyfacts awards.
P2P lending platforms CrowdProperty, Kuflink and SoMo have been nominated alongside former P2P lenders Funding Circle and ThinCats, as well as alternative lender Nucleus Commercial Finance, and business finance aggregator Funding Options, which counts several P2P platforms as clients.
Kuflink has also been nominated for best alternative business funding partner.
Read more: In pictures: The Peer2Peer Finance Awards 2022
Lee Tillcock, editor of Business Moneyfacts, praised all the shortlisted companies for continuing to provide a high level of service to customers despite the challenges of Covid.
“The business finance sector has worked tirelessly to support growth during the past 12 months, firstly beating Covid uncertainty and then by combatting the effects of labour shortages and supply bottlenecks to secure working capital and help realise growth plans,” Tillcock said.
“The challenges facing us this year, while different, are considerable, but the brokers and lenders in the commercial finance sector will once again provide the support so clearly displayed during the last year.
“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.”
The winners will be announced on Thursday 20 April 2023.
Read more: Winners announced at the Peer2Peer Finance Awards