Our friends at FinExtra report the latest UK government initiative to boost funding for small and medium-sized enterprises (SMEs). The authorities seem determined, buy hook of by crook, to get the banks to work with the alternative-finance sector to work together (that includes us, as peer-to-peer [P2P] business lenders, by the way). At Money&Co., we […]
We are heading towards the landmark of £10 million-worth of loans facilitated for carefully vetted small-business borrowers. As we do so, we take stock of both sides of the peer-to-peer (P2P) lending equation. The demand for a good return on capital amongst lenders is strong. As for borrowers, the desire for capital needed to fund […]
Thanks to the Mail on Sunday and our friends at Alternative Business Funding for helping us share the good news about crowdfunding, and the process of bringing individuals and businesses together. “Money&Co, the crowdfunding platform run by City ‘superwoman’ Nicola Horlick, is among 17 new companies joining small business finance website alternativebusinessfunding, taking the total to […]
It’s an undoubted truism: there’s strength in numbers. And we’re delighted to announce that today we are joining the Alternative Business Funding (ABF) hub. The ABF is now 50-strong, and describes itself as a “leading alternative-funding platform, which successfully lobbied for the new banking referral legislation – estimated to pump an additional £2 billion in business […]