Hats off to Business Matters magazine, for a timely and well-observed report on the importance of alternative finance for technology companies. The initial focus is on start-ups. “UK tech start-ups are receiving a lot of attention in the press. They’re something we’re rightly proud of – the UK is a centre of innovation. Tech investment in […]
We’re pleased to report a steady flow of conversions from Cash Individual Savings Accounts (Cash ISAs), as income-hungry investors look for the just-over 9 per cent average return (9.18 per cent) that Money&Co. lenders have been able to enjoy since the first offer went up on site over three years ago. To enjoy income tax-free, […]
Today, we start with an update from our credit-analysis department. A major new property-backed loan is going through the final processes of documentation and fact checking, and will be on offer next week at the very latest. The word is that it’s an innovative and exciting deal sited around the property-development sector, but its asset […]
Yesterday, ahead of the arrival of a major new loan offering on site, we looked at the income-seekers’ dilemma. Using research from the comparison site, Money Facts, we highlighted the news that the best easy-access cash accounts offer around a measly 1 per cent. But it seems there’s a better account out there – though there’s so […]
Today we look at the difficulties income-dependent savers are facing in the current climate of low interest rates. It doesn’t look like rates are going to rise any time soon. See this report from This Is Money on a recent meeting of a Bank of England committee that sets the base rate – a pilot light […]
The latest loan offering from one of our repeat borrowers, a financial services company, is now online. It’s A-rated for risk, and the indicative yield is 8 per cent. Bidding this morning has been brisk. Below we provide an extended excerpt of the borrower’s summary. As usual, we’ve used our best endeavours to verify the […]
Our friends at Off3r.com provide widely followed commentary on the alternative financial and financial technology (FinTech) scene. The platform recently caught up with our CEO, Nicola Horlick, who offered some insightful words on the future of alternative finance in general, FinTech in particular – and the helpful effect of mainstream finance’s indifference to funding small […]
Politics is a messy business – and it’s certainly not our business. We engage in the often exciting and rewarding business of bringing individuals look for a good return on cash together with carefully vetted small and medium-sized companies looking for funds to fuel growth. Nevertheless, the topic of Brexit is inescapable, as this political […]
As our latest loan offering marches towards full funding, we bring news of our cousins in peer-to-peer (P2P) lending on the other side of the Atlantic. Our friends at AltFi report: “LendingClub, one of the world’s largest marketplace lenders, has closed its first self-sponsored securitisation. The $279.4m deal was backed by consumer loans that were […]
The week begins with our latest loan offering experiencing strong demand, with more offerings in the pipeline. Peer-to-peer (P2P) financing is becoming better understood and more widely accepted by individual lenders looking to get a good return on capital and borrowing small companies alike. Our friends at P2P Finance News are helping to spread the […]