Sourced Capital hits £10m milestone

Sourced Capital hits £10m milestone

Warrington-based peer-to-peer lending company Sourced Capital has raised more than £10m in P2P finance loans during 2020.

The year represents the firm’s first as a peer-to-peer platform and achieved its target for the 12 months despite not having any loan opportunities live to invest in for three months during the first lockdown.

In 2021 it is looking to double its lending to more than £20m.

Managing director Stephen Moss said: “I’m proud of what the team have accomplished this year, especially in the circumstances with Covid-19.”

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Source: Sourced Capital hits £10m milestone | Insider Media