Some time before or after dealing with the Sunday roast many of you find time to look at your investment portfolios. In the spirit of the reflective nature of Sundays, we offer our take on the key points to consider before making a peer-to-peer (P2P) business loan via the Money&Co. Platform. Take the trouble […]
As one auction closes, another opens. Yesterday saw an exciting close to the SBS B-rated loan. A flurry of bids knocked out the more expensive offers, and the service-provider now has a £250,000 loan at a gross yield of 10.4 per cent. Today sees the unveiling of a new offer. Money&Co. lenders will be part […]
Our friends at TechWorld offer an interesting insight into the contemporary process of funding small and medium-sized businesses (SMEs). The article traces the thought process of SME executives deciding between crowdfunding and more traditional venture-capital funding to help their businesses grow. “The company is growing ‘pretty rapidly’, Navmii’s CEO, Peter Atalla, tells Techworld. It employs 40 people […]
Crowdfunding is still a young industry. Many people don’t understand what it is – mistaking equity raises for all of crowdfunding is a common error, for example. Given that the nomenclature is still evolving, it’s no surprise that charging structures are all over the place… The Financial Times runs an excellent piece by Judith Evans arguing […]
The Retail Times reports that outdoor advertising company JC Decaux is teaming up with the crowdfunding industry to find the UK’s “100 hottest start-ups to accelerate their growth curve”. While this platform is not directly involved, we welcome the initiative. The digital word is spreading fast, but mainstream advertising is still a very important tool […]
Just to remind you, as peer-to-peer (P2P) crowdfunders bringing people and businesses together, we are a FinTech business – that is, a financial technology business. Christine Farnish of the P2P Finance Association, an industry body that represents some of the older players in the P2P sector, writes in CityA.M. on an innovative P2P-focused app from […]
Bad news is one thing, bad surprises are quite another – as many UK small and medium-sized enterprises (SMEs) have been discovering. Accountants Brookson deliver a damning indictment of the banks’ tendency to pull overdrafts from SMEs, leaving them chronically short of funds at crucial moments. “According to financial comparison site Funding Options, small to medium-sized […]
Crowdfunding is making spectacular advances in popularity and general public acceptance. It’s small wonder, given the attractive yields to be had from peer-to-peer (P2P) business loans. As we’ve reported here before, the growth and learning curves are as steep as they are exciting. But financial advisers can be wary of P2P loans like the ones […]
Our crowdfunding sub-sector, known as peer-to-peer (P2P) business lending, is coming of age. Institutions of all sorts are flocking to provide investment in P2P platforms such as Money&Co.’s. They are also enthusiastic about providing liquidity. Harriet Green of CityA.M., interviews one such market participant in today’s news offering: “GLI Finance is one of several […]
Our friends (and friendly competitors) at Funding Circle have made an interesting move. Instead of inviting lenders to bid to lend money to borrowers, our fellow peer-to-peer business lenders have decided to fix the yield of a loan themselves. So the marketplace moves from an auction to becoming a shop – no haggle, no gaming, […]