Can you have too much of a good thing? We’ve been receiving feedback from lenders asking for more diversity in the loan offering. The latest loan, now 29 per cent funded, is a familiar one – it’s the fourteenth tranche of Seascape, a property-backed offer with a fixed-rate yield of 8 per cent, and […]
Our friends at AltFi report on moves at Funding Circle, after a “third significant fall” in the share price of the UK’s biggest peer-to-peer (p2P) lender since its recent IPO. We have nothing to add to our comments on the IPO made before the offering became public. “Peer-to-peer lender Funding Circle has announced the appointment of Goldman […]
Today, we offer a glimpse of the future. Our friends at Professional Adviser – always an informative read – run a far-sighted opinion piece from a member of the crowdfunding sub-sector of the “alternative” finance community. The author believes, as we do at Money&Co., that peer-to-peer (P2P) loans are a key part of mainstream finance. […]
Money&Co. recently launched Money&Co. Portfolio, which allows lenders to lend through a managed ISA, a managed portfolio or a lending vehicle (designed to help mitigate inheritance tax). The ISA and the lending vehicle make use of tax reliefs and so it is particularly important that we make every effort to preserve capital. For these products, […]
Money&Co. completed its first loan in July 2014. Initially, we focused on working capital loans to companies with a debenture over the company’s assets. We are delighted that we have only had one bad debt since we launched the platform. Our experience of lending via a platform has changed our view of what is suitable […]
One of our property-backed loans of £425,000, with a fixed 8 per cent yield, has just closed. But what if you don’t want to do all that bidding and the attendant process yourself? Many lenders find the business investing quite complicated. We thought it timely to remind investors with a larger amount of investable cash […]
Loans from property-backed Seascape (currently we are offering number 11 in the series) are proving popular. The latest A-rated tranche yields 8 per cent gross, at a fixed rate for five years. Bear in mind that while there is no profit without risk, our lenders have achieved a return of over 8 per cent (7 […]