Commercial News

LendingCrowd expands SME proposition to the accountancy market

Rozi Jones -
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3rd October 2019
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"It is a fantastic platform for us to showcase the benefits of alternatives to traditional bank lending, and for ICAS members to then utilise these benefits."

Scottish lending platform, LendingCrowd, has signed a partnership with the Institute of Chartered Accountants of Scotland (ICAS) which will see LendingCrowd become ICAS’s preferred partner in its business loans category.

ICAS will provide its network of member accountants with access to LendingCrowd, which will in turn will offer a special discount on client fees to ICAS members.

The partnership will last for an initial period of three years, until 2022.

Stuart Lunn, founder and CEO of LendingCrowd, said: “We are delighted to announce this strategic partnership with ICAS, which brings real opportunities for us all. It is a fantastic platform for us to showcase the benefits of alternatives to traditional bank lending, and for ICAS members to then utilise these benefits. It marks another important step forward in LendingCrowd’s growth story, five years after we launched. We look forward to working closely with ICAS and making this partnership a real success story.”

ICAS Chief Executive, Bruce Cartwright, added: “We are pleased to have entered into a strategic partnership with LendingCrowd and secured a new, exclusive benefit for our members. Through our partnership, ICAS members’ clients can now claim 25% off LendingCrowd business loan fees. We look forward to working with LendingCrowd over the coming years.”

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