The headline tells the tale. See below the short note recently sent to our lenders. The Money&Co. team is now working from home because of the COVID-19 pandemic. Please rest assured that nothing will change and we will be processing payments as usual. With regard to our borrowers, we are in the process of speaking to all […]
The FT looks at tough times. As reported here consistently, regulation, Brexit uncertainty and all manner of nonsense mean that no-one has it easy just now. “But what about the retail investors? Those with money trapped inside the stricken Woodford Equity Income fund may well fesel misled. But the industry will assert that no investment […]
Peer-to-peer (P2P) business crowdfunders are the new kids on the financial-services block. The P2P sector is fast-growing, and is regarded by many as the future of finance. Our friends at P2P Finance News report a survey that indicates the challenges facing mainstream banking and financial survey. We agree, but also think that P2P cannot be […]
Here are just some of the issues that every lender and borrower involved or thinking of getting involved in the peer-to-peer lending process should be addressing. If you want to: Find out what the average yield is on a peer-to-peer loan… Find out how long it takes to get a P2P business loan… Find out […]
This is a momentous time for P2P lending (which includes person-to-business lending). Along with the Chancellor’s emergency Budget, the Treasury has published its response following its consultation on whether P2P loans should be included in ISAs. The consultation period came to an end on 12 December 2014. The report states that: “(The government) intends to […]
What a difference a day makes. The successful close of the Olsen Doors & Windows £250,000 loan yesterday fell from 11.4 per cent when the bid target was reached, dropping overnight to 11 per cent. The cost of the B-rated credit stream fell steadily during the day leading up to last night’s close. The Money&Co. […]
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 […]
The latest loan on our site is an A-rated two-year loan with a gross indicative yield currently running at 9.7 per cent. The loan is to fund the management buyout of a Telford-based equipment supplier. We supply the company’s own description of itself here. We have used our best efforts to ensure that these representations […]
And so to far east London for the first Crowd Finders conference. Once you get there – and it is a trek from all points west – The Crystal delivered excellent conference services. The facilities were excellent, the amphitheatre itself comfortable, and the staff attentive. But the stars of the show were the speakers. The […]
We’d like to thank the lenders, borrowers and investors for making yesterday’s Bruton Place symposium such an engaging and interesting event. Nicola Horlick, Money&Co.’s CEO, spoke to the assembled group via Skype linkage from California. Senior credit analyst, Toby Furnivall, then drilled down into the detail of Money&Co.’s stringent credit-analysis process. Subsequently, investment banking specialist, […]