International news agency Reuters reports on the fast growth and increasing awareness of peer-to-peer (P2P) business lending. The article examines the likelihood of P2P loans being included in NISA savings plans, and cites Money&Co.’s CEO, Nicola Horlick, who emphasizes the importance of working closely with regulators in this burgeoning young market. “Britain’s peer-to-peer lenders provided 1.24 […]
The Financial Times reports that regulators are set to clamp down on the marketing of peer-to-peer (P2P) lending platforms amid concerns that some are mis-selling their products as “risk-free” savings accounts. The Financial Conduct Authority (FCA) is now scrutinising the clarity of advertising in an attempt to protect consumers, as the alternative finance sector rapidly […]
The week ahead starts today. Here’s a quick checklist of things you may want to consider over your Sunday-morning coffee and sticky buns, and in the days ahead. Getting An Excellent Return On Capital This is the last chance to lend to Yorkshire-based credit control company ARP. This loan has reached its funding target, but […]
We’re delighted to announce the completion of another loan on the Money&Co. platform. Benefiting from the second loan to complete this week, London-based S.M. Devine Contractors Ltd had a C+ credit rating. The loan produced a gross yield of over 14 per cent for Money&Co. lenders, and the borrower benefited from an efficient capital-raising process. […]
Exciting news for ARP Enforcement Services. The fast-expanding Yorkshire-based debt-recovery company, headed up by Tony Pycroft (above), has raised 100 per cent of the £70,000 it’s looking to raise. “The business is growing rapidly and this loan is to ensure the business can cope with the growth and to further expand,” says Pycroft. To see […]
Crowdfunding is a serious business. But it’s not taken quite so seriously as it might be – or as it will be. That’s the essence of a fine piece of commentary by David Prosser in The Independent. The crowdfunding market and the language used to describe it has evolved rapidly, even in the eight months […]
Happy New Year! The first quarter of each calendar year is usually the busiest for financial services businesses. The approach of the end of the tax year tends to focus investors’ minds on their investments and the returns that they have received over the previous year. One thing is for certain: no-one will have been […]
The Financial Times reports (subscription required) that although the new year has hardly started, manufacturers are already expecting 2015 to be tough. The FT reports on falling confidence in the sector, partly because of diminshed expectations of the UK economy, with a significant downturn from the 70 per cent of manufacturers surveyed at the beginning […]
2015 is set to be a big year for businesses looking for capital and individuals looking for excellent returns, according to Money&Co.’s CEO, Nicola Horlick. “The stage is set for strong growth in peer-to-peer (P2P) business loan crowdfunding,” she said. “That in turn means the prospect of strong growth for companies seeking the capital that […]
Since when does good news emerge from a car crash? The latest Money Matters blog argues that systemic failure in the banking stem is a bad thing, but good news might emerge from difficulties in the alternative finance sector as a young industry begins to mature. The views our personal to our head of communications […]