There are many ways lenders are funded today and understanding this is key to ensuring our customers know who they are working with and the risks associated with that lender. For example, a lender could be a bank, building society, specialist lender all the way through to a peer-to-peer platform crowd funding your loan.
There are different risks associated with all these lenders and our due diligence helps our clients to paint a more informed picture of the organisation around the facility being supplied and the source of funding itself.