 Since P2P banking does not use third party banking institution intermediaries the rates and terms are often much more favourable for the members.Unlike conventional banking where the spread between deposit rates and lending rates are consumed to finance the bank's administrative and logistic expenses, both lenders and borrowers get to save such costs, while paying certain commission to the P2P portal provider and/or the credit rating agency.P2P banking and financing has been proposed as a method to accelerate the development renewable energy projects while more equitably distributing the return on investment.