Platform & marketplace lenders
Technology-led lenders that originate and decide online, funded by institutional lines, securitisations or retail platform capital rather than deposits. They underwrite off data a company already produces, bank feeds, accounting records, recurring revenue, card receipts, which lets them price and commit in days rather than weeks. Facilities are usually term loans, revenue-based advances or peer-funded secured lending.
Maintained by Solon Corporate Finance · Last reviewed 27 September 2026
When a borrower should look here
The case for a platform lender is speed and a data-shaped credit story. Recurring-revenue businesses that no bank will lend to on an earnings multiple, companies funding inventory or marketing spend against a measurable payback, and borrowers who need a decision inside a fortnight are the natural users. The facilities are typically smaller and shorter than a bank's, so they work best as one line in a structure rather than the whole of a £3–15m raise.
How they differ from one another
Funding model separates them more than technology does. Capchase and re:cap advance against recurring software revenue, Wayflyer against e-commerce sales, each sizing the facility off measured performance rather than a balance sheet. Folk2Folk and Proplend intermediate retail and institutional lenders into secured loans, the first against rural and regional business assets, the second against commercial property income. What they share is a published process and a fast answer; what they differ on is what they will treat as collateral.
The platform & marketplace lenders
Capchase
A revenue-based lender advancing against recurring software revenue, funding £500k to £5m in one to three business days off billing and banking data.
Folk2Folk
The UK's largest retail peer-to-peer business lender, matching investors to property-secured loans of £100k to £10m at rates from around 8.75 per cent, with a rural and regional focus.
Proplend
A marketplace lender funding commercial mortgages and bridging of £150k to £5m against income-producing property in England and Wales, with loans tranched by loan to value.
re:cap
A Berlin-based lender live in the UK since 2025, offering software companies a credit line of £50k to £3m against recurring revenue at a published 12 to 18 per cent.
Wayflyer
A revenue-based lender for consumer and e-commerce brands, advancing against sales data for a flat fee of 2 to 10 per cent rather than an interest rate.
A curated reference map drawn from public sources: informational, not a ranking or a recommendation.