As a new series of loan offers taxis up the launch runway, we look at the process of peer-to-peer (P2P) lending from a borrower’s perspective. The sector is expanding all the time, but many small companies still don’t know of the availability and efficiency of alternatively sourced funding. With thanks to our friends at Alternative Business Funding, […]
Like all truly revolutionary ideas, it is simple. The notion of disruptive lending by bringing carefully vetted borrowers together with lenders seeking a good return on capital is peer-to-peer (P2P lending, a sub-sector of financial technology (FinTech). The sector, as a recent report by our friends at AltFi underlines, is beginning to mature. We run […]
BQ runs a sponsored piece from a specialist lender, which we thought we’d bring to your attention. Alternative funding sources for business, be it via the Alternative Business Funding hub, or via the British Business Bank, is a subject close to our hearts here at Money&Co. See this story on the ABF hub, and this […]
As peer-to-peer (P2P) crowdfunders, bringing individuals seeking a good return on capital together with carefully vetted small businesses, we are delighted to be part of the alternative business funding hub. And we welcome news that sees integration between alternative finance providers and the mainstream. Witness this report from Financial Times: “NatWest has struck a deal […]
“The sharing economy in the UK is surging, attracting investment and providing budding entrepreneurs with a platform to take great ideas out to the population.,” says The Director magazine. Well, we have to say that here at Money&Co., we (ahem) share that sentiment. The “sharing economy” includes financial crowdfunding (equity and loan financing – such […]
Some platforms have more of a crowd in their crowdfunding mix than others. This article by Ryan Weeks, editor of Alt Fi, is instructive: “In August, we discovered that it had been three months since RateSetter had issued a loan without the protection of the provision fund attached – or, in other words, three months […]
Today, we bring you a different view of the alternative finance sector. Insider Media blogger, Alastair Logan, points out that banks have largely failed in providing funds to small and medium-sized businesses (SMEs), and that alternative platforms are on the up. Perhaps the most important of these platforms is the Alternative Business Funding hub, of which […]
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 […]
UKCFA survey – data may be partial, but that means the growth estimates are conservative A new survey of the UK crowdfunding market reveals that “crowdfunding in the UK is taking off in the UK for a variety of reasons, the most popular being lack of available funding from banks. So with the rise of […]