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, […]
In the Telegraph, Tim Wallace writes about research from the Yorkshire Building Society which says that seven percent of over-65’s expect to invest in P2P loans. This shows how quickly the P2P sector has taken off and become more mainstream in its appeal. Lenders can see higher returns on their investments than on their current […]