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rebuildingsociety.com gives boost to businesses

19th February 2013

TWO businesses have secured total funding of £55,000 through Yorkshire peer-to-peer lending platform rebuildingsociety.com.

Mowbray & Son, a Lincolnshire-based building company that works on public sector contracts, has secured £50,000 of working capital from rebuildingsociety.com’s community of lenders, with more than 30 lenders contributing to the total amount.  The loan is repayable over five years with lenders repaid monthly. Amounts loaned ranged from £10 to more than £1,000.

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