Tag Archives: Mecmesin

Fast-Growing UK Crowdfunders “Raise £1,700 per hour” – UKCFA Survey

UKCFA survey – data may be partial, but that means the growth estimates are conservative  A new survey of the UK crowdfunding market reveals that “crowdfunding in the UK is taking off in the UK for a variety of reasons, the most popular being lack of available funding from banks. So with the rise of […]

Money&Co. – Crowdfunding Is Manufacturers’ Natural Partner

Mecmesin got £1m for manufacture of  stress-testing machinery Money&Co.’s oft-stated mission is to bring business and people together. Today, that mission takes a senior team, headed by CEO Nicola Horlick, to  the 2014 manufacturing and engineering exhibition in Kent. Nicola will be speaking at the conference, which is expected to attract 1,800 to 2,000 small […]

Alternative Finance To “Absorb Banks’ Business Flow”

Drop by drop, alternative finance is set to take a bigger market share of SME loans Money&Co. CEO Nicola Horlick issues a rallying cry to the alternative finance sector in her latest blog. Money&Co. facilitated the first crowdfunded non-property-backed loan of £1 million in the UK in its first weeks of trading, but the Money&Co. […]

Borrower Robert Breaks From Banks

Robert: “We have great pedigree… Blue-chip customers.” Mecmesin, led by chairman Robert Oakley (above), is a Sussex-based family-owned business, founded in 1977. It has an annual turnover of more than £10 million, makes £1 million in annual profit, and provides employment for a workforce of160. Mecmesin makes force and torque testing equipment used to measure […]

Mecmesin’s £1m Loan Makes Manufacturing Waves

Manufacturing trade publication, The Manufacturer, is the latest publication to report Money&Co.’s landmark £1 million loan to Mecmesin.  The magazine reports that Mecmesin had previously sought funding from traditional banks but found that its limited ability to offer securities made this difficult. The Manufacturer cites Robert Oakley, chairman of Mecmesin, as saying that a crowdfunding […]

£1m Loan Draws Model Plaudits

Our landmark £1 million loan to engineering firm, Mecmesin – the force and torque-specialist engineering firm – has attracted significant coverage among national and trade media organisations. David Stevenson, a columnist for the FT, Investment Week and Money Week, writes in AltFinance News that “Money & Co. appears to be targeting businesses seeking larger loans than would typically be […]