Tagged: archover

March 3, 2021 @ 9:03 am By Omar Faridi  |  

Peer to peer business lender ArchOver notes that it’s “wonderfully ironic” when Michael Burry, who had been played by actor Christian Bale in the Big Short, tells us that the GameStop antics are “unnatural, insane and dangerous.” Bale also noted that there must be “legal… Read More

June 22, 2020 @ 3:58 pm By Omar Faridi  |  

Peer to peer (P2P) business lender ArchOver recently claimed that it has seen a significant increase in demand from retail investors as the platform prepares to begin lending again via its secured loan offering. According to its website, ArchOver has funded over £119 million for… Read More

May 29, 2020 @ 7:41 am By Omar Faridi  |  

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak can be viewed as a key opportunity for P2P lenders to provide long-term funding to businesses struggling to cope with the economic challenges created… Read More

May 25, 2018 @ 12:13 pm By Samantha Hurst  |  

ArchOver, the UK P2P business lending platform, announced this week the launch of its Innovative Finance ISA (IFISA)to both new and existing lender. ArchOver reported that the IFISA allows individuals to earn tax-free returns by investing over P2P lending platforms using their annual ISA allowance of… Read More

April 17, 2018 @ 12:08 pm By Erin Hobey  |  

ArchOver, the UK P2P business lending platform, aims to bridge the funding gap to enable businesses to continue to grow while waiting for their R&D tax claim to be repaid. ArchOver’s Research & Development Advance (RDA) service is reportedly the first provided by a P2P… Read More

October 9, 2017 @ 11:18 am By Samantha Hurst  |  

Peer-to-peer business lending platform ArchOver announced on Monday it has nearly doubled its overall lending in the first nine months of 2017. The company reported that since 2017 its total lending has reached £21.39 million, bringing its cumulative total that has been lent to date… Read More

January 27, 2017 @ 2:37 pm By Samantha Hurst  |  

On Friday, peer-to-peer business lending platform ArchOver announced it is expanding its current “Secure & Insured” lending model by launching “Secure & Assigned” business loans.  According to the lender, the first Secured & Assigned loan will be for Ergowealth, a firm of chartered financial planners… Read More

November 15, 2016 @ 8:29 am By JD Alois  |  

Peer to peer lender ArchOver has announced it will extend its exclusive partnership with international credit insurer and collections company Coface by a further three years. The 2-year old secured business lender states it has not experienced any borrower defaults, late payments or losses, to… Read More

October 31, 2016 @ 7:45 am By JD Alois  |  

Archover‘s first loan ever has been paid back in full.  The SME lender said the 24 month loan for £100,000 to TruTac Limited has successfully cleared the books. Terry Ramsey, TruTac’s managing director, labeled the entire process hassle free. “Although having our first ever loan successfully… Read More

September 26, 2016 @ 8:19 am By JD Alois  |  

Peer to peer lender ArchOver is pointing to a recent report from Equity Development regarding investor protection for lenders using their platform. The report calls ArchOver the “pioneer of secured and insured loans” for SMEs. ArchOver says that to date the platform has not experienced… Read More

August 4, 2016 @ 8:15 am By JD Alois  |  

  The Bank of England (BoE) has cut its benchmark rate by 0.25% – the first time in 7 years. The pound quickly moved lower reacting to the announcement. The move was telegraphed several weeks back in reaction to Brexit fallout. The interest rate cut… Read More

August 1, 2016 @ 8:07 am By JD Alois  |  

ArchOver has announced topping £20 million in lending. ArchOver is supported by Hampden Group, a financial firm that manages insurance assets and is, in fact, the largest members’ agency at Lloyd’s. Hampden is both an investor in ArchOver the company and an active investor over… Read More

May 24, 2016 @ 7:35 am By JD Alois  |  

ArchOver and GapCap have formed a strategic agreement where the two platforms will share future business opportunities. While not a merger, the Service Level Agreement (SLA) appears to be a step in that direction.  Both ArchOver and GapCap provide financing secured by receivables. ArchOver is a… Read More

April 19, 2016 @ 8:01 am By JD Alois  |  

In an independent report conducted by Equity Development, peer to peer lender ArchOver has received a nice affirmation of their secured lending approach. The publication entitled, “How to Make a Relatively Safe 5% PA Return” (registration required), labeled their business model as perhaps the best practice… Read More

March 30, 2016 @ 10:49 am By JD Alois  |  

Goji, a platform that aggregates peer to peer lending investment opportunities including the forthcoming Innovative Finance ISA, has announced its “official” launch as the new IF ISA is set to hit hit the marketplace. Goji states that P2P lenders Landbay, ArchOver and Assetz Capital are… Read More

March 9, 2016 @ 8:13 am By JD Alois  |  

Peer to peer lender ArchOver has successfully closed a record £2.3 million working capital loan for Duradiamond Healthcare. The new credit facility was announced last month by ArchOver and was described as not just a record for their platform but for the online lending industry… Read More

March 2, 2016 @ 9:34 am By JD Alois  |  

Archover, a secured peer to peer lender, has announced that investors in VFS loans will have all capital repaid early, along with interest payments, as the company has received new financing. VFS Legal Limited, a company that specializes in providing cash flow loans to lawyers… Read More

February 16, 2016 @ 1:58 pm By JD Alois  |  

ArchOver, a peer to peer or “B2B crowdlending platform”, has facilitated a sizeable £2.3 million loan to provide working capital to Duradiamond. The deal is stated to be a record-breaking amount for not just the online lender but for the industry as a whole.  Duradiamond… Read More

November 3, 2015 @ 10:57 am By JD Alois  |  

ArchOver, a peer to peer lending platform, has enlisted Coface, a leader in credit insurance, to protect lenders from potential default on business loans. The new partnership is said to provide future protection of up to £100 million. The new arrangement will enable ArchOver to… Read More

October 2, 2015 @ 9:31 am By JD Alois  |  

Online lending platform ArchOver recently chatted up Andy Bishop, Head of Business Development for SME Lending at Lloyds Bank.  For perspective sake, Lloyds Bank has been in business since about 1765 (the Yanks were just a mere colony back then). ArchOver, a lending platform that… Read More