Is the solution to SME liquidity problems really this obvious? We run a guest blog from the crowdfunding intelligence platform, Another Crowd, which suggests this may be so. Implementation or execution (aka persuasion) however, may be a lot more difficult… Another Crowd Blog One of the biggest issues in alternative finance is how to improve […]
Today, we look at an old problem from a new perspective. The problem is, in a sense, the reason we exist – the small-business (or small and medium-sized enterprise, aka SME) funding gap, This gap, also known as the Macmillan gap, following research conducted on this very issue in the 1930s, is the difference between funds […]
The gap between bank deposit rates and loan returns has got even wider The UK’s banks get a real roasting in the latest blog by Nicola Horlick, Money&Co.’s CEO. The numbers tell their own story. As banks ruthlessly cut savings rates, as highlighted in recent reports in the media and on this site, the gap between […]
Stephen Maher of MBA leads a crack team of creative digital expertise We’re very pleased to announce the appointment of a new digital marketing agency to provide further impetus to Money&Co.’s strong start since launch in late April. We’ve already facilitated over £2.65 million in loans since we began operating, and the pipeline of offerings […]
Online crowdfunding deal should get more, much-needed money to SMEs Columnist Anthony Hilton argues in the Evening Standard that a new deal between Santander and Funding Circle, an internet-based crowdfunding platform, has the potential to revolutionise lending to small and medium-sized companies in the UK. Hilton says that, although banks exist to lend to small business, they […]
We couldn’t have put it better ourselves. “Everyone agrees that there is a lending problem for small and medium-sized enterprises (SMEs) in the UK,” writes Andrew Haldane, chief economist of the Bank of England, in The Telegraph. “The stock of lending to UK SMEs has been falling for at least four years and the stock […]
It’s official. The Financial Times is mindful of the funding gap clearly demonstrated by independent research commissioned by Money&Co. and published on this site. “The biggest bar to growth remains ignorance,” reports the FT. “Money & Co. commissioned a survey that claimed UK SMEs had an annual unmet need for finance of £4.3bn. The study, […]
A funding gap of £4.3 billion is holding back small and medium-sized businesses (SMEs) and preventing economic growth, according to new research released today by Money&Co., the cutting edge person-to-business (P2B) crowdfunding business. The findings show the severe challenges SMEs face when trying to access finance. The study, conducted by research agency Populus on behalf […]