Record numbers of small manufacturing firms in the East Midlands are looking to invest in their businesses to make the most of new opportunities. According to a report published by the Manufacturing Advisory Service (MAS) in the Nottingham Post, nearly 60 per cent of firms questioned are planning to spend more on machinery and plant, […]
Our landmark £1 million loan to engineering firm, Mecmesin – the force and torque-specialist engineering firm – has attracted significant coverage among national and trade media organisations. David Stevenson, a columnist for the FT, Investment Week and Money Week, writes in AltFinance News that “Money & Co. appears to be targeting businesses seeking larger loans than would typically be […]
Here are extracts of today’s Financial Times coverage (registration required) of Money&Co.’s ground-breaking £1 million loan. The FT styles the Mecmesin deal a P2P deal, though we think of it as peer-to-business (P2B). “Small investors have lent £1m to a manufacturing business in what is thought to be the largest single peer-to-peer loan to an established […]