With ArchOver, you can manually invest in established UK companies seeking expansion/improvements in terms ranging 3 months - 3 years. You 'pledge' units of £1,000 and only transfer the funds when the project is fully funded.
The platform operates two security models:
Secured & Insured loans are secured against a company's Accounts Receivable (AR), ArchOver takes an all asset charge over the company with particular emphasis on its ARs.
Secured & Assigned loans are secured on contracted recurring revenues of established and profitable businesses with loyal clients, looking for a loan to help them expand. ArchOver takes an all asset charge on the business and assignment of the contracts as security.
ArchOver maintains a 'Control Account' so customers of the borrower company pay directly into an account owned by ArchOver.