As a business that is focused on lending to UK-based businesses, there are no immediate implications for Money&Co. as a result of the vote to leave the EU. However, there will be uncertainty surrounding the future of companies that export to the European Union as it is unclear as to whether we will continue to […]
Is the solution to SME liquidity problems really this obvious? We run a guest blog from the crowdfunding intelligence platform, Another Crowd, which suggests this may be so. Implementation or execution (aka persuasion) however, may be a lot more difficult… Another Crowd Blog One of the biggest issues in alternative finance is how to improve […]
Yesterday, we identified the size of the small and medium-sized enterprise (SME) funding gap, using World Economic Forum data, and Money&Co.’s own research. The figure is around £4.3 billion. A key question is how to improve the efficiency of SME lending – in practice, not just in theory. According to a forthcoming blog, the answer […]
Today, we look at an old problem from a new perspective. The problem is, in a sense, the reason we exist – the small-business (or small and medium-sized enterprise, aka SME) funding gap, This gap, also known as the Macmillan gap, following research conducted on this very issue in the 1930s, is the difference between funds […]
Economia, a specialist journal for accountants and economists, reports on a new SME alternative funding survey, conducted by an accounting trade body and the government-sponsored British Business Bank. The upshot is that the money is basically on tap, but SMEs remain unaware: “ICAEW and the British Business Bank (BBB) have teamed up with more than […]
Growth for small and medium-sized enterprises (SMEs) is what we are all about. We bring individuals seeking a good return on capital together with SMEs seeking funding for growth. Our friends at Growth Business offer an overview of the UK’s SME scene, including some sectors it sees as particularly strong: “Tech firms are increasing at rates […]
Are you looking for funding for your business? Growth Business offers a primer to small and medium-sized enterprises (SMEs) looking for alternative finance. It’s a clearly written article, with sensible commentary in it. We reproduce excerpts below, with glosses for SMEs looking to get funding via our own platform. For detail of how we bring […]
Our friends at CityA.M. run an opinion piece which argues that equity crowdfunding might replace the London Stock Exchange’s junior market, AIM. Equity crowdfunding, remember, is typically for start-ups and companies much younger than the more mature businesses that Money&Co. lenders advance money to. Here is an extract from the article: “The growth of [equity] […]
Please, sirs, can we have some more? Our only complaint about last night’s Alternative Finance Forum is that there just wasn’t enough of it. The session, ably hosted by Julie Adam, of top 20 accountancy firm, Menzies, featured presentations from Close Brothers Invoice Financing, the Business Growth Fund, BMS Finance, Metro Bank, and Money&Co. CEO, Nicola […]
If funding for small companies had its own weather report, it would probably be something like: “Sunny, with occasional showers.” Although some media reports indicate that small businesses don’t seem to be aware of alternative funding sources, such as the loans facilitated between individuals and borrowing companies by Money&Co., others cite evidence that funding is […]