Meet Carol – Borrower in the Harmoney P2P marketplace.
Well I was looking for some money because I was starting off a new business. And I went ahead and applied for the loan and told them exactly what I wanted and why I wanted it and what I intended to do with it and submitted it. Small businesses are crushed by a lack of capital. Often it’s hard to get it when you’re going out to do the next piece even if you’ve had a good income and I’ve had a good income. That was all I needed, was somebody to take a punt on me and recognise that I had experience in what I was doing and I was going to do the next piece. My loan got listed on the marketplace on a Friday,
within two hours I was told it had been funded It was simple and it was painless.