More than a third (42 per cent) of small- and medium-sized enterprises (SMEs) are now using external finance, according to new research reported by our friends at P2P Finance News. A survey of 4,500 small businesses by consultancy firm BVA BDRC also found that a further four per cent are currently searching for finance. With […]
Today, we look at borrowers and lenders in the world of peer-to-peer (P2P) lending. This part of the alternative finance world is all about bringing lenders seeking excellent returns on capital together carefully vetted small companies seeking funds to grow. Our friends at P2P Finance News report that banks are not helping too much on […]
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, […]
Lending to small businesses via the mechanism of crowdfunding is a balancing act. Each platform has to balance the advent of new borrowers on site with the liquidity available from existing or potential lenders. Today, we take a look at the borrowing side, with the help of an interesting blog run by specialist small-business site, SMEWeb. […]
Frustration is a word heard all too frequently in the process of financing small businesses. Survey after survey demonstrates that small businesses are frustrated by slow-moving traditional lenders. And alternative finance providers and facilitators, such as Money&Co., are upset by our seeming inability to get the message across that there is an alternative. However, we […]
Money&Co.’s latest loan offering closes tomorrow at 17:00. This A-rated, three-year loan of over £121,000 is being sought by an independent adviser looking to use the funds to expand. At the time of writing the offering has a current average gross yield of 8.5 per cent. How auctions work The offer is 100 per cent […]
Following the credit crunch, debt has become a bit of dirty word and many UK small and medium-sized enterprises (SMEs) are now classed as permanent non-borrowers. Given that productivity is a big problem in the UK, this suggests that there has been a lack of investment by British companies and this is partially due to […]
Well what a week it’s been – and what a week lies ahead. Today we’ll reprise the events of a very exciting few days. Tomorrow, we’ll look forward to the week head. We hosted a drinks event for Money&Co. lenders, borrowers and investors on Tuesday. Nicola explained our business model and her vision of the […]
Following yesterday’s look at how lenders might examine a loan offering, we take a look at the crowdfunding peer-to-peer (P2P) business lending process from the borrower’s perspective. We have what’s proving to be a very attractive loan offering on the Money&Co. site just now (see detail and also risk warnings, below). Let’s examine the issues […]
Following rapidly in the slipstream of the high-profile initial public offering (IPO) of Lending Club last week, this week saw the IPO of OnDeck Capital. OnDeck, which, Like Lending Club, is positioned as a P2P lender, raised $200 million. “A wealth of non-traditional alternatives have popped up online over the last eight years,” reports CNN […]