Make sure their houses are in order A crowdfunding platform has failed – providing a lesson for would-be investors, crowdfund platofrms, regulators, and all in the industry. The first, and most obvious point is the simplest: just because a platform calls it self “secure’, that may not really be the case. “YES-secure is the most […]
Equity crowdfunding volume is growing and growing The flip side of the crowdfunding coin from loan funding – the kind that Money&Co. does, always taking a charge on borrower assets – is equity funding. When money is committed to equity funding, there’s quite often no income in the early stages (or at all), but the […]
Today’s news involves more bids coming in for the Cocofina P2B loan, with an attractive projected gross yield of 9.7 per cent. If you missed the video of Jacob, the passionate entrepreneur behind the company, check it out here. And here’s our video explanation of what it takes to lend to one of the borrowing […]
Manufacturing trade publication, The Manufacturer, is the latest publication to report Money&Co.’s landmark £1 million loan to Mecmesin. The magazine reports that Mecmesin had previously sought funding from traditional banks but found that its limited ability to offer securities made this difficult. The Manufacturer cites Robert Oakley, chairman of Mecmesin, as saying that a crowdfunding […]
It’s official. The Financial Times is mindful of the funding gap clearly demonstrated by independent research commissioned by Money&Co. and published on this site. “The biggest bar to growth remains ignorance,” reports the FT. “Money & Co. commissioned a survey that claimed UK SMEs had an annual unmet need for finance of £4.3bn. The study, […]
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 […]
If banks aren’t an option, peer-to-peer investment (which Money&Co. believes should really be termed person-to-business, or P2B, lending or investment) could offer an attractive avenue for would-be entrepreneurs looking to bring a new idea to market, says a Guardian blogger. The Guardian blogger argues that widespread job cuts and stricter banking terms have driven aspiring […]
Only a third of Britain’s small businesses have turned to their banks for financing in the past quarter, the lowest level on record, according to data published in The Telegraph. Despite the Government’s repeated efforts to boost bank lending for firms, the latest SME Finance Monitor found that 33 per cent of small firms reported […]
Financial publisher MoneyWeek has just published its research into crowdfunding. Its report is unremittingly positive. This echoes our view that crowdfunding is the way forward for both lender and borrower. But readers are reminded that, exciting as P2B investment is, there are always risks for lenders – even after our rigorous credit analysis. MoneyWeek editorial […]