The London Money Market will shortly launch an online market that enables private individuals and companies to borrow and lend money to each other directly without the need for intermediaries. The market is currently being tested by a select group of participants and will be available to the general public in due course.
Benefits
- Borrowers save money
- Lenders earn more money
Products
- Loans (standard, asset backed, bridging, pay-day etc.)
- Overdrafts
- Invoice discounting
Trading
- Buy and Sell products
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