Money&Co. CEO Nicola Horlick recently went to Cambridge, where she organised a dinner for leading academics and crowdfunding practitioners. Users will be reading more about and from them later on this site. Local newspaper business editor, Jenny Chapman, came to discuss the exciting developments in crowdfunding with Nicola the next day. Here’s a snippet from […]
Investment in British business, with heavy industry and manufacturing at the fore, is at its highest since 1998 The Oxford Dictionary defines the word “blog” as follows: “Noun – A personal website or web page on which an individual records opinions, links to other sites etc. on a regular basis.” This is my first blog, […]
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 […]
Interesting times for alternative finance. After the recently reported failure of YES-secure, The Observer reports that “the phenomenon of crowdfunding is booming. You can stake from just £10 to emulate the likes of Duncan Bannatyne by becoming a “mini-dragon”, backing an ever-expanding range of ventures from theatre productions to electronic gizmos.” The same article goes […]
The recently announced failure of a crowdfunding site, YES-secure, offers food for thought for all connected with the industry – individual lenders and investors, borrower businesses, regulators, and the crowdfunding platforms. The early indications are that lenders will not lose their money as a result of the YES-secure platform failure. Some might say this is […]
Equity crowdfunding volume is growing and growing The flip side of the crowdfunding coin from loan funding – the kind that Money&Co. does, always taking a charge on borrower assets – is equity funding. When money is committed to equity funding, there’s quite often no income in the early stages (or at all), but the […]
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 […]
Yours to control The mainstream media is slowly coming round to the notion that alternative sources of finance may not be so alternative after all. The Telegraph runs a feature on the potential impact of peer-to-peer (P2P) and peer-to-business (P2B) finance on the pension reforms announced in the last UK Budget. The argument runs that loans […]
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 […]
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 […]