Few can doubt the goodwill of the government towards small business funding. We are doing our own modest best by trying to bring individual lenders together with small companies seeking funds to grow. So we welcome the latest initiative, as reported by CRN. “The government is aiming to give growth-hungry SMEs a potential funding boost […]
Congratulations to SyndicateRoom, our friends on the equity side of the crowdfunding fence. SyndicateRoom claims to be “the first crowdfunding platform to join the public markets”, and is now has intermediary status with the London Stock Exchange. Here’s part of the announcement, run in full on the alternative-finance intelligence platform, Bob’s Guide. “SyndicateRoom becomes the […]
Growth Street, a company that provides revolving credit facilities to Small and Medium-sized Enterprises (SMEs), is lobbying the UK government for more clarity in the reporting of bank overdraft rates, reports SME Insider: “The campaign – APR4SMEs – has been set up by London-based Growth Street, to raise awareness of the issues faced by small […]
Crowdfundinsider reports on the latest Federation of Small Businesses figures. At Money&Co., we certainly share the writer’s point of view: “In the UK, similar to other parts of the world, SMEs are the engine of economic growth and associated job and wealth creation. According to the Federation of Self-Employed and Small Businesses (FSB); Small businesses account for […]
The Bank of England has published its Statistical Release for Money and Credit for December 2015. During the month, loans to non-financial businesses decreased by £3.7 billion compared to an average monthly decrease of £0.3 billion over the previous six month period. As a result of the sharp decline in December, the twelve-month growth rate […]
There’s The City of London (think of bankers in suits) and the virtual city of alternative finance (dress code: pretty much what you want). The former is stagnant and declining, despite the furious prodding of a government trying to stimulate action. The other is growing at a great pace. The common objective of both cities […]
David Prosser, a columnist for Forbes and The Independent, reports on what he sees as a rosy future for our sector, and the lenders and borrowers we serve. David writes: “If 2015 was the year when alternative finance went mainstream then 2016 offers the promise of a different type of breakthrough – an opportunity for […]
Money&Co. went north last week. And a very enjoyable and worthwhile trip it was too. Pictured at a business breakfast attended by over 100 people are (from left to right) CEO of Manchester City Council, Sir Howard Bernstein, local businessman and event host, Steve Bennett of Transition Plus, and Money&Co. CEO Nicola Horlick. They are […]