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Peer to Peer Lenders and RBS join forces to Fund UK Businesses

Peer to Peer Lenders and RBS join forces to Fund UK Businesses

The Royal Bank of Scotland has struck an arrangement with leading peer to peer lenders Funding Circle and Assetz Capital that should give UK small business a boost.  RBS announced it will now formally refer small business borrowers to P2P lenders.  The strategic shift is expected to give “thousands of small British Businesses greater access to finance”.  The arrangement with RBS is similar to a deal Funding Circle created with Santander Bank last year.

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