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<p>The British Business Bank’s participation in peer-to-peer lending platforms has
been primarily through the Bank’s commercial subsidiary British Business Investments.
Data collected across programmes and delivery partners is consolidated on a programme-by-programme
basis.</p><p> </p><p>The value of new loans extended by the British Business Bank
sourced through peer-to-peer lending platforms has increased year-on-year over the
last three completed financial years.</p><p> </p><p>Over the three year period, of
the 15,420 distinct SME customers that have received financing through the peer-to-peer
delivery partners of British Business Investments, 9.36% have been to repeat peer-to-peer
customers[1]. The Bank does not hold data on how many peer-to-peer customers may previously
have benefitted from other British Business Bank programmes.</p><p> </p><p>[1] This
data excludes finance through Market Invoice as a single customer could have multiple
invoices funded through the platform at a time.</p>
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