Next tax year will see peer-to-peer (P2P) loans becoming eligible for Innovative Finance Individual Savings Accounts (IFISAs). That means investors get all the benefits of tax-free savings up to £15,240 per annum. The average rate achieved by Money&Co. lenders being just over nine per cent (eight per cent net of charges). If you invested the […]
Today, a cautionary tale. What happens when a crowdfunded project goes wrong, asks BBC technology correspondent, Rory Cellan-Jones. He continues: “And do those who back ideas on platforms such as Kickstarter and Indiegogo have any rights when they do not deliver on their promises? That is what the more than 12,000 people who backed the […]
Should small companies and start-ups seek equity or debt funding? We’ll be focusing on this central issue – including some forthcoming blogs on whether or not this is a false dichotomy – over the next few days. Here, FT Adviser sounds the alarm on due diligence on Enterprise Investment Scheme (EIS) products. EIS relief is […]
Should small companies seek to borrow to grow – or should they raise funds by selling a share of their business in an equity raise? The broad dichotomy between debt and equity is subject to scrutiny by some (we’ll be hosting a guest blog on site on this very issue later this week). But the […]
P2P or not P2P? That is the question. Over the past 18 months, we’ve run a series of articles on the general awareness – or the lack of it – of alternative sources of finance for small and medium-sized enterprises (SMEs). This AVIVA survey was just one of many to point up the fact that […]
“It is perhaps a mark of how far we’ve come since 2008 that the governor of the Bank of England can suggest that the time has come for people to start showing bankers a little respect,” opines CityA.M., commenting on Governor Mark Carney’s speech this week. That speech prompted BBC’s flagship news programme, Newsnight, to […]
How do you write a business plan to impress investors – or, indeed, would-be lenders? At the recent Festival of Female Entrepreneurs, organised by Enterprise Nation, Money&Co.’s CEO, Nicola Horlick, addressed this very point. Click here to find an article featuring a short video of Nicola explaining it all in her own words. Entrepreneurs and […]
What is the future of crowdfunding? What type of financing should small and medium-sized enterprises (SMEs) be seeking to help them grow? Money&Co.’s CEO, Nicola Horlick, offered something of a tour de force on the topic at the recent Alternative Finance conference, sponsored by Cubism Law and co-sponsored by Money&Co. You can see her speech […]
Today we bring you two world views. The first is from Robert Reoch of Crowdnetic. Speaking at the recent Alternative Finance: News Solution To Old Problems, Robert offers an extremely perceptive view of the ever-changing and fast-moving currents of alternative finance. Please forgive the sound quality – there was an intermittent problem in the sound […]
A reality check comes from one of the best-established digital media outlets, The Motley Fool. We have been convinced for years that peer-to-peer lending is the future of finance for small companies looking to borrow to grow and lenders looking to increase the returns on capital alike. But, as the Motley Fool points out, not […]