Lend Money To a Business and Get 10% ROI

[100k]

We all know (at least here in UK) that banks are being very tight with their money at the moment, making it very hard for businesses to get funds for expansion and general running capital.

Funding circle was set up to put investors in touch with small / medium business that need funding and lend those companies capital in return for a 10% ROI.


Check out the video here....

https://www.fundingcircle.com/how-it-works#how-it-works-video

I think its a great concept and def. something I would personally try out!

What do you guys think of the site/concept - Must be a fast lane business model? Would you risk few $Ks to lend to small/medium businesses ?

 

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[InLikeFlint]

I think I would definitely consider doing it especially if I had already made a substantial amount from my own ventures. However, I think the loan would be more out of sympathy and respect for growing businesses rather than to try and earn money, the percentage return probably isn't a meritorious monetary value.