Firm launches P2P research service

Firm launches P2P research service




A corporate finance firm has launched a new service to provide independent research into businesses looking to raise finance on peer-to-peer (P2P) and crowdfunding platforms.

A corporate finance firm has launched a new service to provide independent research into businesses looking to raise finance on peer-to-peer (P2P) and crowdfunding platforms.

Racefields said its Racefields Research Service will provide over 100 comprehensive reports every year, giving investors the ability to make better-informed investment decisions.

David Gammond, CEO at Racefields, said: “P2P and crowdfunding platforms are revolutionising the finance industry by enabling businesses to overcome their reliance on banks, while enabling private investors to increase their returns.

“However, without having the right insight, investors cannot be certain of what they are getting themselves into.

“By providing comprehensive research on businesses looking to raise funds, Racefields will provide a much needed layer of transparency to the P2P and crowdfunding market, enabling investors to be more confident of their decisions.”

The Racefields Research Service will assess factors such as financial stability, ownership of contracts and patents, the history of the company directors and the legitimacy of financial projections.

To do so, Racefields will look at materials such as bank statements, HM Revenue and Customs information and other factors depending on their relevance.

Businesses will be able to nominate themselves for a free assessment as well as being selected by Racefields, and is available to subscribers for £299 a year.

Racefields specialises in helping clients raise funds through crowdfunding and P2P platforms.
 

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