We start the new tax year with three loan auctions on site, from borrowers we have dealt with before. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of […]
The REAL 2 A-rated loan offer is closing soon. This is a three-year loan, with an indicative gross yield of 8 per cent, and a current yield of 9.8 per cent. This will probably diminish, based on the performance of previous loan offers at auction, as the offers of less expensive credit drove out the […]
Norvic 3 is as new loan offering, now live on the site. See Home page. The loan is for £50,000 with a term of 5 years. The offering comes from a light-aircraft overhaul company. The credit rating is A, which suggests an interest rate of 8 per cent. However, the actual interest rate will be set […]
The latest loan offering on site is an A-rated, five-year loan at a fixed rate of 9 per cent gross, secured against property. This is the second tranche of credit sought by a borrower that proved very popular with lenders. We offer an extract of the borrower’s outline offering. As ever, we have used our […]
Ahead of two new loan offerings coming online very soon, we thought we’d remind you of the portfolio service. This is a managed service for larger investors with a minimum of £100,000 to invest. We will manage your loan portfolio for you and ensure that there is sufficient diversification to reduce risk. When money comes […]
As we write today’s News story, the latest, B+ rated five-year loan is drawing to a close. The price of the credit offered is falling, as registered lenders compete for a piece of the action. Several new loans are due on site shortly – so we thought it might be helpful for casual visitors to […]
There’s a Christmas rush on just about everywhere – and the online business lending world is no exception. There are only three days to go on the latest, B+ rated loan offer. More loans are waiting in the wings. To learn more about lending, visit this page and watch the short informational video. Elsewhere in […]
As new loan offerings line up to come online, we find ourselves well past the £10 million mark of loans facilitated. As the Money&Co. loan book expands, it becomes easier to diversify, one of the best ways of mitigating risk. We have a service available for larger investors – those committing £100,000 or more – […]
Our latest auction is fast approaching nearing completion – with 93 per cent funding at the time of writing. As often happens when a loan auction nears the close, the pace of bidding increases, and the competition to grab a piece of the funding action means that the cheaper offers of credit will drive out […]
We hesitate to say it’s “business as usual”, since we’re not alone in wondering what “usual” is nowadays. It’s certainly not “normal”… In any event, recent figures from government quango, Innovate Finance, as reported by our friends at AltFi, indicate that volume has picked up in the alternative-finance sector. “The United Kingdom attracted £432m […]