The insulating effects of our niche lending policies – avoiding the rollercoaster credit ride of the general economy – are becoming clear. Our friends at P2P Finance News report: Peer-to-peer lending chiefs are predicting a rise in defaults for unsecured loans this year but not for asset-backed facilities. The Bank of England’s latest credit conditions […]
We are pleased to see some evidence that the small businesses we’re all trying to help in the peer-to-peer (P2P) sector are increasingly aware of he alternative funding sources that we’re offering. Our friends at AltFi report on a recent survey. Nearly half of the UK’s small and medium-sized businesses, 49%, are poised to turn […]
Tomorrow, we’ll be taking a closer look at the pros and cons of investing in equity, specifically start-ups seeking share capital via crowdfunding. We often look at equity crowdfunding, as it’s seen by many as an alternative (though it’s not an either/or alternative) to crowdfunded debt. This site facilitates investment in crowdfunded debt: we bring […]
New loans are due on site soon, but meanwhile the two A-rated offerings on site are attract strong interest from registered lenders. Seascape is property-backed and has a fixed yield on offer of 8 per cent. The other loan is a from a steel fabricator, with an indicative yield of 8 per cent (ie, its […]
Education is key to success for peer-to-peer (P2P) lending platforms, such as Money&Co. We write regularly on the need to educate and inform individual investors as to the benefits and risks of investing in P2P assets, whose yields become even more attractive if held in an Innovative Finance Individual Savings Account (IFISA). Bridging & Commercial […]
One door closes, another opens. Or maybe that should read “loan offer”. Yesterday, Money&Co. closed out a £200,000 B+ offering of five years’ credit from Elliot’s Hair at average gross yield of 10.6 per cent. New offerings will be on site shortly. Meanwhile our friends at P2P Finance News report a move by a UK-based […]
News reaches us via our friends at P2P Finance News of more co-operation between Australia and the UK – where the peer-to-peer (P2P) lending sectors have marked similarities – often with the same players involved. We have had some interesting news in that area ourselves. This is in part, as reported, because of “the Enhanced […]
The financial technology (FinTech) sector is no respecter of international boundaries. So a good idea will find enthusiastic responses wherever local practitioners think it appropriate. There’s definiitely a “franchise effect” of UK peer-to-peer (P2P) P2P brands finding favour in territories with key similarities. The Australian market is one such, and we note this local report […]
If you can’t assess risk, you shouldn’t invest money. With that in mind, we look at the following statement, with which we heartily concur: “Risk versus return in the peer-to-peer lending (P2P) market is defined by the borrowers,” write our friends at Orca Money. We run a short extract of the Orca piece below. As […]
Peer-to-peer (P2P) lending is about bringing individuals seeking a good return on capital together with businesses seeking funds to grow. The average gross return achieved by lenders is 8.6 per cent (7.6 per cent net). This compares with 1.3 per cent, which is the best return currently available on cash deposit with a bank or […]