Alternative lending hits record high in July

Sarah Davidson

August 14, 2015

The top three platforms by origination volume were Zopa (£52.2m) Funding Circle (£47.5m) and RateSettter (£43.5m).

The website dedicated to the alternative finance sector suggested 31% of the platforms within the index set themselves new monthly origination records with overall origination volume growing 65% compared to July last year.

Property, bridging and business lending platform Funding Knight offers loans secured against property and set a monthly lending record in July. MarketInvoice also set a new monthly lending record – the platform offers businesses invoice finance.

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