Is Asto and eBay Business Capital regulated?
Asto is authorised and regulated by the Financial Conduct Authority. However, the FCA does not regulate lending to companies or business loans to sole traders over £25,000. So if your business is a limited company, or if you are a sole trader taking a loan for more than £25,000, your Business Capital loan will not be subject to the requirements that apply to regulated products.
If you are a sole trader taking a loan for £25,000 or less, Asto's services will fall within the scope of regulation by the FCA and your loan will be subject to the provisions of the Consumer Credit Act 1974.