Member Article

Peer-to-business lender Credit Peers secures a new £45m credit line

Credit Peers, the London-based peer-to-business lender, has announced it has secured a new £45m credit line which will help support the business’ future growth.

The credit line, which has come from a European investment management firm, will allow the P2B lender expand its debt funding opportunities, giving investors the chance to lend to even more experienced investors and developers on major UK property transactions.

Founded in 2015, Credit Peers is helmed by a team of five financing experts who between them have over 100 years of experience at firms including Credit Suisse and Goldman Sachs.

Earlier this year the company launched its P2B platform which allows individuals to lend from £500 to professional developers and real estate investors looking to finance their property developments, in turn giving them more ready access to cash.

Romain Cohen, Chief Investment Officer at Credit Peers commented: “We are thrilled to receive this credit line that should help us to accelerate the company into its next stage of growth.”

Torsten Hartmann who is Chief Executive Officer, added: “Being able to secure such a financing supports our ability to originate attractive opportunities for institutional investors and family offices.”

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