Government investment for small businesses

Dec 13, 2012

 Vince Cable, the Business Secretary, has announced that the government plans to invest in peer to peer lenders to offer sole traders and small businesses an alternative to bank funding. Peer to peer lending has grown significantly in the UK and Zopa.com, who will receive £10m of this investment, expects to lend £90m this year increasing to almost £200m in 2013.

http://www.bbc.co.uk/news/business-20696213