Setting up a lending business

Are you interested in setting up your own alternative lending service, bank, building society or other solution? Then JMW can help. There are all kinds of decisions to make when establishing a lending firm, both legal and practical, and our team can guide you through the entire process.Call us now on 0345 872 6666 and our team will help you get the ball rolling for your alternative lending project.

Who we can help

We can help people who want to set up the following lending businesses:

  • Peer-to-peer lending
  • Social enterprise funding
  • Crowd funding services
  • Credit unions
  • Banks and building societies

Each individual case will require a different legal focus and different expertise, but our knowledgeable solicitors – who are amongst the leading advisors on alternative lending outside of the capital – can tackle any case.

How you can help us

  • Setting up a lending business is the same as starting any other business in many aspects – particularly in the thorough planning and research required.
  • You can help us to assist you by thinking about the following:
  • Putting together a comprehensive business plan – this should include revenue, overheads, loan interest details, etc.
  • Consider your capital – some lending businesses are backed entirely by one investor but you may want to involve others
  • Consider what kind of investments you’ll want to make – is your lending business aimed at backing social and community ventures? Creative projects?

Call us today

If you are interested in starting your own lending business, whether it be a building society or an online peer-to-peer network, our legal experts can help ensure that your venture is successful, and adheres to relevant legislation.For a discussion about your plans call our team today on 0345 872 6666.

Read more
Let us contact you.
Privacy Policy
Wildcard SSL Certificates