British Business Bank programme: Investment Programme and our other commercial investments
RateSetter are the UK’s leading peer-to-peer lending platform. Starting in 2010, to date RateSetter has lent over £700m.
As a peer-to-peer lender, RateSetter is able to cut the cost of the middleman and pass the savings onto both borrowers and investors.
The British Business Bank has provided RateSetter with an investment and for each loan that qualifies under agreed criteria, the Bank will be one of the investors for this loan.