The market in which we operate, the peer-to-peer business lending (and now also property-secured lending) sector is maturing. The unqualified early optimism of some has been replaced by a more measured view, as some companies falter and others prosper. See below an excerpt from a recent report in The Times (subscription required). “In peer-to-peer […]
We’re delighted to announce the advent of a new loan offering from Lawpack. Lawpack has previously mounted successful offerings on this site. The borrower, in its own words, “publishes legal forms with guidance for self completion, aimed at the consumer and small business. The forms and guidance are written and approved by leading barristers or […]
So what’s next? What come after crowdfunding is accepted as mainstream finance? What happens to what we think of as finance – and money? Harriet Green of CityA.M. looks at the way technology and crowdfunding are evolving. “If crowdfunding is an early iteration of how digital technology helps distribute the potential to make money, what comes next? […]
We’re delighted to announce the closure of the second webuyanyhome.com loan offering, bringing the new stream of property-backed loans on the Money&Co. platform to a total of over £312,000. We plan to bring more such offers soon, and will report back. Meanwhile, a new report from Ernst & Young (EY) looks at online business lending […]
The latest loan offering on site is closing in three days’ time, and is now 97 per cent filled. The borrower is the well-known SME, we buyanhome.com, and the loans are secured against the houses bought (ie, it is property-backed – a key factor in generating an A+ credit rating). As we come to the […]
Peer-to-peer (P2P) business loans are rapidly becoming better known and more widely accepted as an asset class. A knock-on effect of this is that the providers of loans, ie platforms such as Money&Co., are being taken very seriously. Risk.net reports that asset managers are weighing investment in companies in the sector. Risk.Net “Buy-siders are looking […]
At the start of what promises to be a very exciting year with lots of forward movement, we take the opportunity to go back to basics. Below is an excerpt from the Money&Co. Knowledge Hub – we believe this is essential reading, the intellectual foundations of building an asset base via a crowdfunding platform. Take […]
Happy New Year to all our lenders, borrowers and readers. 2017 promises exciting times as Money&Co. develops new offerings and attractive new lines of business. Loan Latest Our latest loan offering, from webuyanyhome.com, is A+ rated, and is property-backed – ie, it is secured against property. It is currently 55 per cent funded, with a gross […]
The crowdfunding industry is definitely entering a new phase. The traditional split of “mainstream” crowdfunding consists of the following categories: projects, peer-to-peer (P2P) business lending, and equity raises. Project financing can have an altruistic tint: commit capital and help fund a charity, a book, even – famously and frivolously – a potato salad for a community barbecue. […]
Risk awareness is the hot topic in peer-to-peer (P2P) business lending at the moment. We’re currently seeking feedback from lenders – and borrowers too – in an attempt to ensure that we’re doing everything we can to be transparent and lucid in our explanation of the risks as well as the benefits of P2P loans. […]