The successful completion, yesterday, of the latest £300,00 A-rated loan offering on site, offers an opportunity for reflection on where we are as a company and as industry players, ahead of the imminent launch of new offerings. We’ll be announcing the new loans on site, and emailing our registered lenders. We’ve found an interesting and […]
We often report on news from the other side of the crowdfunding fence. Equity crowdfunding typically focuses on very small or start-up companies seeking to give away a stake in the business in exchange for growth capital. Debt crowdfunding, which is what we do, helps better-established businesses (the average age of our borrowing companies is […]
We have a new loan proposal in the telephony sector on site. The £300,000 offering is risk-rated at A, which puts it at the lower end of the spectrum of risk, as appraised by our credit committee. The duration of the loan is 60 months, and the indicative gross interest rate is 8 per cent. […]
The take-up figures for the end of the last tax year are now in. HMRC has divulged that some 2,000 investors took out an Innovative Finance Individual Savings Account (IFISA) in 2016-17. In the context of the billions in Cash ISAs that might not seem a lot of money. But given the late arrival of […]
We are pleased to announce the launch of a new loan offering on site from an established borrower. The GH5 loan is a fixed-rate 8 per cent yield for a three-year term. Below we offer an extended excerpt from the borrower’s pitch (we have used our best endeavours but cannot warrant the truth of these […]
Crowdfunding is often little more than a new name for a familiar business model. For example, fractional business ownership, where the fractions of ownership are bought and sold is a very old form of investment, known as share ownership. It’s also, if you do the transaction by screen via a crowdfunding platform, known as equity […]
Money Observer reports on what it deems a slow start for the Innovative Finance Individual Savings Account (IFISAs, here termed Peer-to-peer ISAs). The article focuses on numbers – but the salient contextual point only comes deep into the body of the piece. Take-up for IFISAs was good – and would have been even better, had […]
Our friends at Fund Strategy run an opinion piece on the future of the Innovative Finance Individual Savings Account. The article paints a bright picture, with which we thoroughly agree. Although the focus of the piece is on fund management and debt-based securities, the yawning gap in the market is afforded by cash deposits. See […]
Our friends at Bridging & Commercial offer commentary on what is seen as a fast-growing bridging-loan market. We run a brief excerpt below. This news item accords with our own experience. It’s perhaps no coincidence that the latest loan offering on site is a property-backed bridging loan, which is attracting steady bids from lenders. The […]
Our friends at FinExtra report the latest UK government initiative to boost funding for small and medium-sized enterprises (SMEs). The authorities seem determined, buy hook of by crook, to get the banks to work with the alternative-finance sector to work together (that includes us, as peer-to-peer [P2P] business lenders, by the way). At Money&Co., we […]