Connecting businesses requiring finance with investors seeking a favourable return
ArchOver is a peer-to-peer business lending platform that has facilitated over £85 million of funding for UK businesses and delivered Lender returns of up to 10% p.a..
ArchOver’s expansion into the West Midlands opens up new flows of capital for SMEs operating in the region, with the ArchOver Birmingham team offering a personalised alternative finance service. Investors will also have access to the increased volume and quality of loans ArchOver facilitates.
Lending with ArchOver takes place over its secure online platform. Every loan listed on the platform has been pre-screened and approved by our experienced in-house credit team. The rate, loan term, loan security type and company details are listed, with Lenders making the final decision on which companies they would like to invest in. The minimum investment is £1,000.
Companies that borrow over the ArchOver platform are UK-based, have been trading for a minimum of two years, and are seeking a minimum loan of £250,000. They must have an established management team and a proven business model based on trading business-to-business. Loans are for any business purpose, typically raising working capital, replacing invoice discounting or bank overdrafts. Loans are fixed term, for a fixed amount and at a fixed rate of interest, with no requirement for personal guarantees.
ArchOver’s Birmingham Office is headed up by David Newton who is committed to strategically supporting SMEs by facilitating the funding they need to grow. David is a corporate financier with extensive experience of raising finance for growth companies.
Lenders: Your capital is at risk and interest payments are not guaranteed if the borrower defaults. Historic loan default rates are not necessarily indicative of future default rates. Lending over the ArchOver platform is not covered by the Financial Services Compensation Scheme. The current average return is based on the total amount raised over the platform. It is the result of calculating the average Lender return, before tax, of every loan funded over the ArchOver platform. Borrowers: In the event of default, ArchOver will seek to recover assets to the full value of the loan. Understand more about: Detailed Risk Warning, Defaults, Recoveries & Losses, General FAQs .