As our latest loan offerings wait for the final green light – our credit committee promises the first of several new offerings tomorrow – we thought we’d reprise where we are in what promises to be a very exciting investment season (the current A-rated, 8 per cent, fixed-rate offer is going fast, by the way. […]
It may seem a somewhat bizarre analogy, but the cash-based savings market operates like petrol-pump pricing. Think of it as a case of commodity pricing. Motorists often complain that reduction in the price of the underlying commodity – oil, in this case – is frequently not passed on. In October, base rates increased by 0.25 […]
The Budget is coming – and domestic taxation is one of the few areas where the Chancellor can escape the ideological straitjacket of Brexit. CityA.M. is the latest to carry reports of increasing nervousness – see yesterday’s story on this topic – over the Chancellor’s plans for the Enterprise Investment Scheme and Venture Capital Trusts […]
Word from the risk-analysis team is that several new loan offers are due on site soon. Meanwhile, the current A-rated, three-year, 8 per cent fixed-rate offer is still available. The borrowing small businesses will be getting funding to grow, while the lenders will get good return on capital (subject to risks – remember to read […]
The alternative-finance industry is holding its breath. Well, our equity-raising cousins on the other side of the crowdfunding fence certainly seem to be, ahead of the Budget later this month. As we’ve often stated, peer-to-peer (P2P) lending is a viable asset class with a high yield and low risk, relative to equity crowdfunding. P2P is […]
Today’s income-hungry investors and savers are drastically short of options if they look to the mainstream market. Some £1.4 trillion is currently wasting away on cash deposit earning an average of less than 0.4 per cent, according to Building Society Association figures. Our friends at P2P Finance News bring us a report, excerpted below, that […]
We’ve said it before, and we’ll say it again. We’re part of a savings revolution, of changing the way the public – specifically individual investors – think about how to save and invest. Our latest A-rated peer-to-peer (P2P) loan offering has a gross yield of eight per cent, and is proving popular with investors. Login […]
We welcome the first of a series of new loan offers on site today. Regular lenders will be familiar with this tranche of credit. Below we offer an excerpt from the borrower’s pitch. The usual disclaimers apply: while we have used our best efforts to ensure that the statements below are true, we cannot warrant […]
The UK’s top financial watchdog, the Financial Conduct Authority (FCA), is quite rightly keeping a vigilant eye on new and fast-growing areas of finance. Above all, it is looking to safeguard the wellbeing of retail consumers of financial products 9roughly translated as investors and savers). It is also taking the simple and bold step of […]
Peer-to-peer (P2P) lending is a balancing act. On the one side, platforms like ours need to have active and engaged individual lenders who want a good return on their capital. On the other, it’s vital to find and vet the small businesses seeking capital very carefully (strong record of profitability, assets on which we can […]