Peer-to-peer lending, also known as P2P lending or social lending, is a growing practice in which individuals with spare funds lend money to small businesses or private borrowers through dedicated online platforms, bypassing traditional banks.
The Small Firms Loan Guarantee (SFLG) was a government-backed scheme in the UK designed to help small businesses secure financing when they could not offer sufficient collateral. It has been succeeded by the Enterprise Finance Guarantee (EFG).
A Venture Capital Trust (VCT) is an investment vehicle in the United Kingdom designed to provide capital to small, expanding companies and give investors tax benefits.
