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SCM Sporting Classic Motors is a company based in north Hampshire close to the Berkshire border in Southern England specialising in classic car restoration, with an emphasis on historic motor vehicles with a sporting predisposition.


The restoration of pre-war vintage motor vehicles is incorporated with post war Classic Car restoration, classic car maintenance, classic car servicing and classic car repairs.


Much of the work involves British and German classics such as Mercedes Benz, Porsche, Austin Healey, Bentley and Daimler but not exclusively.

What exactly are some peer-to-peer financing websites?

Marketplace financing connects borrowers with prepared lenders that are online. Numerous financing marketplaces provide brand brand new loan possibilities and loan refinancing. There are many platforms in the financing industry, but it is essential to complete your quest and select the lending company that most readily useful fulfills your online business’s requirements. Below are a few popular online lending that is p2P.


LendingClub is just one of the leading online loan providers, providing loans, signature loans, car refinancing and patient solutions. Company owners enthusiastic about the financing web site’s small business loan can get money upfront with regards to someone to 5 years, fixed monthly obligations with no prepayment charges. They are some eligibility demands with this loan:

  • You have been running a business for year or higher.
  • You make at the very least $50,000 in yearly sales.
  • You’ve got no current bankruptcies or income tax liens.
  • You have at the very least 20percent of the company and now have at the very least reasonable individual credit.


Prosper is just a good financing system for when you really need cash fast. Prosper permits people to use as borrowers, and provides several loan kinds, including debt consolidation reduction, do it yourself, armed forces and small company loans.

This financing system offers fixed three- or five-year terms for its loans. Interest levels differ by loan type, terms and quantities, your credit rating, and situation that is financial. It allows one to spend your loan off early without any charges.

Prosper borrowers will need to have a minimal credit history of 640, no bankruptcies in the previous year while having a debt-to-income ratio below 50%.

Funding Circle

Funding Circle can be an online peer loan provider that’s exactly about small company loans. It had been selected for top Small Business Loan for Low APR in 2019 by U.S. News & World Report and won LendIt Fintech’s 2019 honor for top level Small Business Lending Platform. Funding Circle is a certified company by the bbb and presently has an rating that is a the website.

Funding Circle provides fixed-rate term loans, needing no less than 2 yrs in business and at least FICO credit rating of 620. Quantities for the business loans cover anything from $25,000 to $500,000.

Can investors earn money with peer-to-peer financing?

P2P financing is a great means for accredited investors to generate income. The investor talks about a few loans with varying credit ratings Ђ“ the higher the credit danger, the greater amount of the interest will pay down for the investor.

It is a investment that is smart for online investors, who is able to make as much as 30% returns by lending cash straight to verified borrowers, based on Julia Brookes, a consultant for the present time Loans.

“Investors can diversify their investment beyond old-fashioned asset categories to make returns more than other sourced elements of opportunities, such as for example saving records, fixed deposits, business bonds, shared funds, etc.,” Brookes stated. ” The thing that is cool P2P lending is the fact that it does empower investors to help make micro-investments across different danger amounts (risky equals high expected return, low risk equals low expected return).”

Hanif thinks that investors feel comfortable on P2P lending platforms because of major advantages like these:

  • Easier approvals
  • Lower charges
  • Saved time
  • Investing into the continuing company of these option
  • Possible lucrative returns
  • Tax effectiveness

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Can borrowers earn money with peer-to-peer financing?

While investors can simply generate income with P2P financing, therefore can numerous borrowers. For just one, the debtor will make cash through the use of the peer-to-peer loan to pay back their high-interest loans, such as for example personal credit card debt, based on Marcus Anwar, co-founder of OhMy.

“By doing this, they’d be spending less by spending low interest rate on the financial obligation,” Anwar stated. “as an example, borrowers can anywhere be charged from 16percent to 21per cent to their personal credit card debt. Then they might be saving all that money by perhaps not paying a high rate of interest. if the debtor gets a peer-to-peer loan with a lesser rate of interest of 5% to 9per cent,”

When done appropriate, P2P lending can be quite safe and profitable for both borrowers and loan providers. Nonetheless, as with every other transaction that is financial you have to review every individual loan or investment possibility on its own merits.