Fundingsecure.com/pawnbroker Direct

: Because the focus was on the asset's value rather than credit history, funds could often be released within 24 hours. Current Status: Administration

: It connected individual investors with borrowers who needed short-term funding. fundingsecure.com/pawnbroker

: The administrators are responsible for recovering funds from outstanding loans and distributing them to creditors according to the Financial Conduct Authority (FCA) guidelines. : Because the focus was on the asset's

: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers : Factors included a high number of borrower

FundingSecure was a UK-based peer-to-peer (P2P) lending platform that specialized in asset-based loans, often described as a "peer-to-peer pawnbroker".

: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property.

: On October 23, 2019, FundingSecure Ltd was placed into administration .