It’s finance, folks, but not as SMEs know it… British small and medium-sized companies are in Donald Rumsfeld territory. See below his famously contrived, yet logical, disquisition on knowledge and its practical use in statecraft: “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, […]
Stephen Maher of MBA leads a crack team of creative digital expertise We’re very pleased to announce the appointment of a new digital marketing agency to provide further impetus to Money&Co.’s strong start since launch in late April. We’ve already facilitated over £2.65 million in loans since we began operating, and the pipeline of offerings […]
Mar-Key is the silent presence at many major sporting events, weddings, and on industrial sites We are delighted to announce the arrival of a major new loan on the Money&Co. platform. The Mar-Key Group manufactures and installs large-structure marquees for major events, weddings and industrial sites. The company, which is privately owned and Dorset-based, also […]
Innovate Finance is off to a good start Chancellor George Osborne’s speech this week end yielded two pieces of good news. The first was more funding for the British Buiness Bank, and the second was a sign that the new talking shop, Innovate Finance, might be able to get things done rather than just talk […]
The numbers have been crunched – and crowdfunding growth will come with NISAs New research from boutique finance house, Liberum, reveals that almost two thirds of British investors have never heard of peer-to-peer (P2P) or Person-to-business (P2B) crowdfunding. The research also shows that just one person in fifty has invested, or has taken an active […]
The disparity between savers’ returns and borrowers’ rates grows wider Money&Co. CEO Nicola Horlick lambasts UK banks and their policy on savings and loan rates in a her latest, hard-hitting blog. “There is no justification for the banks to reduce interest rates for savers. They certainly are not reducing the rates they charge borrowers,” she […]
Coming to the US stockmarket – but a flotation is all about opinions on share valuation, not lending At Money&Co. we’re understandably interested in the progress of our American cousins in the US loan-based crowdfunding market. The US market is regulated differently, has a different emphasis (in essence it’s more business-orientated, while in the […]
Mecmesin was an A-rated £1m loan with a hugely superior yield Half a million savers at Royal Bank of Scotland (RBS) and NatWest will see their interest rates cut by the end of the year as part of what banks are describing as a “simplification” of their product ranges, reports the Telegraph. The move follows […]
It’s not rocket science, but political consultation is taking time How much longer will the UK government take over consulting about which assets qualify for New Individual Savings Accounts (NISAs)? The savings situation is among UK consumers is critical, as a shocking report in The Mirror, reveals: “Nearly half of working families have less than […]
Signs of life at the “Bank of Vince” The British Business Bank (BBB) is at least partly the brainchild of Secretary of State for Business, Innovation and Skills, Vince Cable. As a consequence it is known amongst a few wags as The Bank Of Vince. But what ever you call it, the new state-owned bank, […]