High-Rate Loans From rebuildingsociety

Here are the latest high-rate loans that are open for you to bid on from rebuildingsociety, the P2P lending company that finances riskier loans to businesses.

C grade loan to spa centre

This spa, beauty and health centre wants to borrow £25,000 for five years. The loan is already fully funded, but you can under cut other bidders. The highest successful bid is currently 16% and the average is 14.85%.

Debt repayments can be met from existing profits of £40,000. The borrower will use the loan to replace machinery, undertake maintenance and carry out a marketing campaign.

The director was made bankrupt in 2010 and has since been discharged. The loan security is weak.

This loan auction closes at 9pm, 12 February.

C grade travel adventure company

This company has a tourist and outdoor adventure operation in Tasmania.

The company is looking for a £35,000 loan for five years. The average rate is currently 15.85% and the highest bid is 18%.

The company needs the loan to pay a tax bill due to an unforeseen fall in winter business as well as for expansion and marketing, including a new website.

The security is not considerable for this loan.

The loan auction closes at 9pm, 17 February.

Commission: we don’t receive any commission from any of the P2P lending companies mentioned in this article for publishing their calculated 4thWay^® Risk Ratings and our editorially independent 4thWay^® Insight Reports, which are our own proprietary research products to help individual lenders like you make good investment decisions. We do not take commission for including P2P lending companies in our free comparison tables. All P2P lending companies will be included over the next few weeks. Learn How we earn money fairly with your help.