Leap Lending is a peer-to-peer lending platform that was established in 2016 in the United Kingdom. It operates under the ECSP license number 7401825 and focuses on providing competitive rates for both investors and borrowers. The platform offers incentives to borrowers to encourage them to stay on track and pay off their debts, while also providing valuable tips on financial well-being.
Leap Lending targets the SME sector in the United Kingdom, aiming to facilitate lending between individuals and businesses. The platform allows investors to make investments starting from a minimum of 50 GBP, with an advertised return of 5%. However, specific details on the total funding volume, average loan duration, and payment options are not disclosed on the platform.
The primary language of communication on Leap Lending is English, and it caters exclusively to borrowers and investors within the United Kingdom. Investors can explore investment opportunities on the platform, which operates within the regulatory framework of the UK financial market.
Overall, Leap Lending provides a platform for individuals and businesses to engage in peer-to-peer lending, offering competitive rates, incentives for borrowers, and valuable financial advice, all within the confines of the UK financial regulations.