All the uncertainty surrounding Brexit has built a consensus among analysts that interest rates aren’t going up any time soon. With that in mind, we thought we’d offer a brief reminder of the attractions of our managed portfolio service, with its net 7 per cent yield. Managed Portfolio Service Clients of the Money&Co Portfolio Service […]
Today, we offer a snapshot of the contemporary global struggle between finance and political power. The Bank of England is the latest to react to the perceived threat of Facebook’s attempt to launches own digital currency Libra. Our friends at AltFi report. Facebook’s new cryptocurrency Libra must meet the “highest standards” if it’s to get the […]
Recruiter reports that the ‘Brexit effect’ is kicking in, according to the Enterprise Investment Scheme Association (EISA), the trade body for the Enterprise Investment Scheme. The effect is not good… Data from the Office of National Statistics (ONS) shows that, in volume terms, business investment was estimated to have fallen by 0.4% to £49.2bn between […]
Project Rhapsody is now 29 per cent funded. The loan offer has an A risk rating, and provides a fixed-rate return of 8 per cent over five years. From the borrower: “The primary purpose of the loan is to provide working capital to the business so it can continue to collaborate to produce high quality […]
As we write today’s News story, the latest loan offerings on site are attracting bids from registered lenders. More new loans are due on site shortly – so we thought it might be helpful for casual visitors to learn the simple process (set out below) of how to lend. Click here for more, and to […]
With today’s entirely unsurprising news that a Brexit deal is “essentially impossible” – we were never stupid enough to believe that no deal was a million-to-one shot – we look at preparations on either side of the Irish border. Our own position is clear: we’ll continue to lend to carefully vetted companies with a good […]
We’re pleased to report good progress on the latest loan offering to land on site. Project Rhapsody has an A risk rating, and offers a fixed-rate return of 8 per cent over five years. It’s 25 per cent funded at the time of writing. Below we offer an excerpt of the borrower’s pitch. Log in […]
Good news for borrowers in the alternative-finance sector. The total cost of short-term unsecured borrowing from alternative lenders for most credit-worthy businesses has fallen below 9.5 per cent since March, according to newly published independent research. Our friends at AltFi take up the story. Funding Xchange, which tracks the lending activity of 40 specialist SME […]
Today we bring news from a different area of alternative finance – the “challenger bank” area, as opposed to our own peer-to-peer (P2P) part of the world. Revolut has produced new figures – as is to be expected from a young business, the new bank reveals more growth, greater losses. AltFi reports. Revenues more than […]
A new loan offering has just landed on site. This is the second tranche offered by Yes You Can. It’s a B-rated offering, over of five-year term, with a fixed rate yield of 11 per cent gross. Fuller detail is excerpted from the borrower’s offering on site below. The whole pitch – vetted according to […]