What is crowdfunding?
Crowdfunding is a method of funding a project or organisation by pooling the money of individual investors. It can provide a number of benefits beyond the financial including marketing, audience engagement and feedback. Crowdfunding allows good companies which don't fit the pattern required by conventional financiers, to break through and attract cash. There are a number of types of crowdfunding but the 3 main categories are:
- Reward or donation based crowdfunding – these are not investments
- Debt crowdfunding (sometimes referred to as loan-based or peer-to-peer crowdfunding)
- Equity crowdfunding
The investment opportunities offered on lendahand.co.uk are all debt security crowdfunding projects.
Want to know more?
Please visit the UK Crowdfunding Association.