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Source of money loaned via peer-to-peer (P2P) business lending platforms in UK 2014

This statistic shows where lenders source the money they loan through peer-to-peer (P2P) business lending platforms in the United Kingdom (UK), according to a survey into the alternative finance market in 2014. Approximately 53.7 percent of respondents stated the source of money for their P2P lending activitiy was money they would otherwise invest.

When you budget for lending through P2P business lending, where does the money come from?

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Source

Release date

November 2014

Region

United Kingdom

Survey time period

March to September 2014

Special properties

P2P business lenders*

Supplementary notes

* The source adds the following information regarding the general survey methodology: "Four stages of research activity were carried out from March to September 2014. (1) Stage one involved collecting primary transactional data directly from alternative finance platforms. (2) Stage two consisted of designing and distributing model-specific questionnaires to survey funders and fundraisers of alternative finance. In total 15,658 users were surveyed. (3) Stage three conducted in association with ACCA and PwC included two external national surveys to understand the level of awareness among consumers of alternative finance. 2,007 consumers and 506 SMEs were surveyed. (4) Stage four was the industry-wide tracking survey among UK crowdfunding associations and P2P associations to gather industrial figures for year 2014. Transactional data was collected for quarters one to three of 2014."

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