Lush and plush, Business First will reach an elite readership Congratulations to the brand-new Business First magazine. Its launch issue features an exclusive interview with Sir Martin Sorrel and an extensive, exclusive feature on crowdfunding, penned by Money&Co. chief executive, Nicola Horlick. Here are some highlights from Nicola’s article: “What we’re doing is addressing a […]
Banking competition inquiry is coming The debate continues, following the recent announcement by the Competition and Markets Authority (CMA) to recommend a full competition inquiry into banks. The CMA undertook its preliminary report in collaboration with the Financial Conduct Authority (FCA). The two agencies said the barriers to entry and expansion for newer and smaller […]
CMA is set to inquire into banks’ SME services The lack of lending to small and medium-sized businesses (SMEs) is partly a problem of the SMEs’ own making, says The Independent. Reporting on the Competition and Markets’ Authority’s decision to refer the banking sector for a full competition enquiry, the newspaper accuses SMEs of being […]
Persons talking to (in our opinion, at least) businesses… Investors Chronicle (IC) trumpets the benefits of crowdfunding. Good news – but, at least to us – not new news. “With prevailing low interest rates, investors have been forced to look to higher-risk sources of income such as equity income and property, but in recent years […]
Sweet success? Minibinds are next up for crowdfunding Trade news organisation Alternative Finance is on the track of future developments in the exapanding crowdfunding market after a recent post regarding Hotel Chocolat and its successful minbond issue. Nicola, the “acclaimed fund manager and Founder of Money & Co., confirmed that the platform’s first mini-bonds are […]
The banks’ convoluted financial mechanism continues to fail SMEs Lending to small and medium-sized businesses (SMEs) fell in the first quarter of this year, according to figures just released by the Bank of England. Net lending, a measure that counts repaid loans, fell by £2.7 billion in the first quarter of 2014, with SMEs seeing lending […]
Crwodfunding is not just for the rich – and not a banker in sight One way of looking at crowdfunding is to see it as finacial democracy in action: crowdfunders aim to bring people and businesses together. Crowdfunding isn’t meant to be for the rich, for the elite. And it’s not meant to be exclusively […]
We endorse the figures – not necessarily the text! More mixed news on the likelihood of a rise in interest rates. The bad news comes from BBC online, which reports that the rate of UK inflation rose to 1.9 per cent, up from 1.5 per cent in May, according to the Office for National Statistics. […]
Equity deals – especially start-ups – concern the FCA Financial trade press outlet Money Marketing reports that the Financial Conduct Authority is “concerned potential investors do not fully understand the risks of crowdfunding”. Money&Co. shares that concern. When you lend money, your capital – despite the rigorous credit analysis to which all our borrowing companies […]
Forest Fuels makes premium grade fuels from wood chips and pellets We are delighted to announce the launch of the Forest Fuels loan auction on the Money&Co. website. Forest Fuels is seeking £275,000, over a 60-month term to fund long-term growth. The credit-analysis team has awarded the company a B+ rating, with an indicative gross […]