Our friends at Crowdfundinsider report on the jump in asset-backed finance in the UK. Here’s an extended excerpt: “Alternative finance using asset-backed lending has hit a record high of £4.3 billion – up 22% versus year prior.Total asset-based finance hits £20.7 billion, another all-time high, as the Government Bank Referral Scheme kicks in. Nine of the […]
We have a question for you: How are we doing? Specifically, how are we doing at explaining the risks inherent in peer-to-peer (P2P) business lending? The flip side of this coin – the potential benefits of lending – are clear. By bringing individuals looking for good returns on capital together with carefully vetted small businesses […]
We’re pleased to report continued good progress from the latest offering from webuyanyhome.com. Lenders are bidding to lend at a gross indicative yield of 7.6 per cent at the time of writing. The property-backed £208,400 offering, with an A+ credit rating, is 35 per cent per cent filled after three days. Money&Co. is in […]
We’re pleased to report progress on two fronts today. First, the latest offering from webuyanyhome.com is making very good progress. Lenders are bidding steadily, at largely realistic rates (the gross indicative yield for the A+ offering is 7.6 per cent at the time of writing) and the offer is 28 per cent filled after two […]
We’re pleased to report progress on two fronts today. First, the latest offering from webuyanyhome.com is making very good progress. Lenders are bidding steadily, at largely realistic rates (the gross indicative yield for the A+ offering is 7.6 per cent at the time of writing) and the offer is 28 per cent filled after two […]
As promised, we have a new tranche of loan offering from webuyanyhome.com. And it’s going fast. The loan offering of £208,400 went live this morning, and is already 18 per cent filled at the time of writing this article. Below we offer an extended excerpt of the information available to registered lenders. Please note that […]
It never rains, but it pours. Following a long period without loan offerings, we’re delighted to have been able to bring two well-received loans to the Money&Co. platform in less than a fortnight. In both cases, the borrower has exercised the option to close early – the second loan is closing today, within a matter […]
What’s the financial equivalent of a toe in the water? Our latest loan offering fits that description rather well. We’ve tested lenders’ appetite to provide credit for the well-known property company, webuyanyhome.com, with a tiny sliver of what lies ahead. At the time of writing, the offering has been up on site for fewer than […]
Our friends at Crowdfundinsider report on a blocked path to what, for many, is the Promised Land of being able to wrap crowdfunded loans into an Individual Savings Account (ISA). Or rather an IFISA, where the “IF” part stand for Innovative Finance”, as announced in 2015. In the peer-to-peer (P2P) business lending world we’re all […]