Banks will do mortgages, but are reluctant to support small business Vince Cable, the UK government’s business secretary, is the latest senior political and business figure to criticise UK bank lending practice. The Guardian reports Cable’s recent remarks to a business audience: “Banks pump out lending in the mortgage market, while lending to small businesses […]
Today’s news involves more bids coming in for the Cocofina P2B loan, with an attractive projected gross yield of 9.7 per cent. If you missed the video of Jacob, the passionate entrepreneur behind the company, check it out here. And here’s our video explanation of what it takes to lend to one of the borrowing […]
Jacob was having an “early mid-life crisis” when a drink of coconut water on an Asian beach set him on the path to founding Cocofina. For Jacob, that drink spoke of his home (Kerala in India, whence he hails, means “land of coconuts”, he says). Now, Cocofina has a diverse product range of coconut-based drinks […]
One company that recently approached Money&Co. for P2B crowdfunding finance is coconut-water and healthfood-snack company, Cocofina. We won’t – and cannot, for regulatory reasons – comment on the company’s business. Prospective lenders will have to make up their minds about the offering for themselves. But we were struck by the attitude and confidence of Cocofina […]