A loan from other people to help you bounce back

The SBILS Products

SBILS-50

People-funded Loan for S/Emp and SME
(Self-certified)

Max £50,000

  • £10,000 to £50,000
    (or 25% of 2019 turnover)

  • Interest rate (month 1-12):
    3.00% p.a.

  • No repayments for first 12 months

  • Interest rate (from month 13): 8.00% p.a.

  • Flexible capital repayable from month 13

  • No personal guarantees required

  • Term: 24-60 months
  • Completion Fee: 2.00%

SBILS-250

People-funded Loan for S/Emp and SME
(Turnover verified by FCA Adviser/Accountant)

£50,000 - £250,000

  • £50,001 to £250,000
    (or 25% of 2019 turnover)

  • Interest rate (month 1-12):
    3.00% p.a.

  • No repayments for first 12 months

  • Interest rate (from month 13): 6.00% p.a.

  • Flexible capital repayable from month 13

  • No personal guarantees but company debenture required

  • Term: 24-60 months
  • Completion Fee: 2.00%

SBILS-MAX

People-funded Asset/Property Based Loan

>£250,000

  • >£250,000

  • Interest rate (month 1-12):
    3.00% p.a.

  • No repayments for first 12 months

  • Interest rate (from month 13): 6.00% p.a.

  • Flexible capital repayable from month 13

  • Personal guarantees and company debenture required

  • Term: 24-60 months
  • Legal Fee: £995.00
  • Completion Fee: 2.00%







Am I eligible?

IMPORTANT: There is no guarantee that you will be able to raise the full amount of funding that you request.

Success is dependent on the passion and enthusiasm of you and your personal/business network, be it family, friends or customers.

Ultimately you will need to be able to answer YES to the following questions before you consider this as an option:

  • Do you have confidence in the future success of your business?

  • Do you have a personal or business network who have enough confidence in you and your business to lend you their money?

  • Do you believe that you will be able to meet the repayments on your loan from month 13 and for the duration of the remaining term?

If you are able to positively respond to the 3 questions above, we will provide you with the tools you need to positively engage with your network, share your vision and make your request for funding.

How it works?


This type of people funded loan is designed for those who have been unable to raise Government backed funds or additional funding to keep their business trading.


It is important that you understand that P2P funding is an alternative method of raising finance. Members of the public or other businesses will lend to you or your business with the intent of supporting your business to get back on track.


01

Apply for loan via
Moneybrain App

Download from the App Store or Google Play
Create an account
Submit your application

02

Application review


One of the team will contact you to discuss your requirements and gather the supporting documentation.

If your request for funding is approved the team will help you build your loan request campaign as illustrated above.

03

Grow your network


We will provide you with templates to share your campaign with friends, family and business contacts and also provide you with approved social media financial promotion templates.

04

Receive your funds


When 100% funded, receive your funds directly into your Moneybrain Account within 24 hours

Become a Lender

1.00% p.a.

Standard Lender Account

  • 1.00% p.a. interest (gross)
  • Interest payable monthly
  • Auto enrollment in all loans or specific campaigns
  • Capital repayable from month 13
  • This is a higher than average risk of default investment.
  • Lending may be capped/restricted based on experience.
  • 100% OF CAPITAL IS AT RISK

1.00% p.a.

Innovative Finance ISA

  • 1.00% p.a. interest (tax-free)
  • Interest payable monthly
  • Auto enrollment in all loans or specific campaigns
  • Capital repayable from month 13
  • This is a higher than average risk of default investment.
  • Lending may be capped/restricted based on experience.
  • 100% OF CAPITAL IS AT RISK

Frequently asked questions

No. In simple terms, you need a network of people or businesses to support your campaign.
If you have 2 people with 'deep pockets', and willing to fund your campaign, this would automatically qualify you to be approved for a loan.
No. The SBILS service and product has been built to serve those people and businesses excluded from being able to access the Government guaranteed finance schemes.
For the SBILS-50 & SBILS-250 loans, if the borrower doesn't pay back, we will show full compassion, forebearance and understanding. We will work with the borrower whatever their circumstances.
For the SBILS-250 & SBILS-MAX loan, we will show, forebearance and understanding for 12 months and then if business recovery is not evidenced we will commence recovery on behalf of the lenders'.
It needs to be understood that you may not receive any of your loan capital back.
The SBILS loan product is being provided exclusively by FCA regulated people to people loan platform and HMRC authorised ISA Manager, eMoneyHub Ltd. Moneybrain is a trading style of eMoneyHub Ltd. FCA registration number 787900.