Here is the second instalment of a two-part blog from Steve Lawrence, a Money&Co. lender. Steve is an English architect and co-founder of a small London property company, which, post-credit crunch, is metamorphosing into a football data analytics and spatial development consultancy with clients including AFC Ajax, Amsterdam and Cruyff Football, Barcelona. Following his Twitter […]
An eagerly awaited short-term loan has landed on site – and it is filling very fast indeed. G199 Ltd is seeking to fund a £150,000 management buy-in. The loan is for just nine months – the shortest term of any loan thus far facilitated on the Money&Co. site. The loan is rated at B+, which […]
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 […]
Today, we bring you a different view of the alternative finance sector. Insider Media blogger, Alastair Logan, points out that banks have largely failed in providing funds to small and medium-sized businesses (SMEs), and that alternative platforms are on the up. Perhaps the most important of these platforms is the Alternative Business Funding hub, of which […]
The portfolio tracker and dealing service iii.co.uk runs a sponsored feature on crowdfunding in general and peer-to-peer lending (P2P) in particular. While the mentions of individual market participnts are effectively paid-for, the preamble paints an accurate and encouraging picture of the state of health of our industry and its P2P sub-sector. “Crowdfunding and Peer-to-Peer Lending […]
We warmly welcome more good news in our sector. The latest figures from the Peer-to-Peer Finance Association (P2PFA) show “over £500 million of new consumer and small business loans have been provided by peer-to-peer platforms since April, the fastest rate of growth yet,” says the P2PFA. Cumulative lending by P2PFA members – including eight of […]
We are pleased to host a new loan offering on site. Real Engineering (Yorkshire) Ltd. Is seeking £367,000 in a five-year loan. Rated by our credit analysts at “A”, the loan is already 19 per cent funded, on its third day on offer. The indicative yield is 8.5 per cent, and the purpose of the […]
Excitement is mounting at Money&Co. headquarters as the latest loan offering nears deadline and the cash floods in. Check out the Globavista offering on site. It is getting close to the stage where, as and when the target is hit, the credit gets cheaper for the borrower. We thought this imminent closing provided an opportunity […]
The current government has been very keen to encourage individuals to invest in private companies through improving the Enterprise Investment Scheme and introducing the Seed Enterprise Investment Scheme. It has also made it relatively easy for individuals to invest in the debt of private companies through platforms like Money&Co. by encouraging the Financial Conduct Authority […]
We’re pleased to report strong atcivity on site, with a surge of lender interest for the loan offering by Olsen Doors & Widows, a B-Rated offering with a gross yield of 11.1 per cent at the time of writing. The offering has attracted 33 per cent of its £250,000 funding target, adding more than six per […]