In a thoughtful piece on smallbusiness.co.uk , Paul Mildenstein discusses the key principles that the alternative finance sector must learn from the banks in order to safeguard the future of the sector. For Mildenstein, whilst the rapid growth of the sector has made access to finance a reality for small businesses again, it’s likely that […]
In the FT today, Andrew Bounds reports that high street banks need more government help to lend to small businesses, according to the head of the British Business Bank. Keith Morgan, chief executive of the state-owned bank established to improve the lending market, said alternative sources of finance such as peer-to-peer lending and equity crowdfunding had […]
The news surrounding the British economy was extremely positive last year. Growth was extraordinarily good given the fact that the European Union is our largest trading partner and unemployment fell steadily. And yet, the budget deficit remained stubbornly high and the government has clearly failed to meet the promises it made in 2010 about deficit […]
Yesterday, we presented the basics of lending on the Money&Co. site from the perspective of the lender. Today, we would like to present the other half of the process, the companies that apply to be borrowers. Both entities are required to produce a successful auction. With that in mind, below are some of the basic […]
Over the past few months, the Money&Co. site has seen a great number of people sign up to be new lenders for the loan auctions on the website. Given the relative youth of the peer-to-peer business lending sector, we wanted to highlight some of the basic facts about lending on the site. Can I be […]
With 2015 having arrived, Money&Co. is back on the road again with a trip to Merseyside planned for next week. Tony McDonough reports in the Liverpool Echo that CEO Nicola Horlick of Money&Co. is to visit and speak at four events in Liverpool. He reports: “Wirral-born Ms Horlick, once dubbed ‘superwoman’ for balancing bringing up a […]
With the rapid growth of the peer-to-peer (P2P) business lending industry, it is interesting to read the opinion of market journalists on the different sectors within P2P business lending that are developing. In a recent article in Forbes, David Prosser provides a balanced view on Money&Co.’s history and the niche that it inhabits in the P2P […]
Today a fast-growing sector demonstrates its teething troubles. Equity crowdfunding – a sub-sector of the industry that finds investment for young companies, often start-ups, and offers an equity stake (ie, direct investment in the company) – has taken a kicking from various media outlets. A prescient Investors’ Chronicle blog from the always engaging Stephen Wilmot […]
Ahead of the imminent major new loan offering on the Money&Co. site, we bring you a view from academia – a well-written and informative excerpt of commentary from Open University personal finance lecturer, Jonquil Lowe. Ms Lowe hails the marketplace lending, or peer-to-peer (P2P) business lending sector as a beign, disruptive force I finance – and […]
We’ve shamelessly grabbed today’s headline straight from The Wall Street Journal (WSJ). What we’re noticing from our marketplace lending (otherwise known as peer-to-peer [P2P] business lending) perspective is the mainstream media repeatedly stumbling over the fact that crowdfunded P2P loans are an increasingly important source of finance for business. We offer the tail end of […]