Having achieved a very rare A+ risk rating after Money&Co.’s rigorous credit analysis, Mar-Key has an offering on site as it looks for long-term growth. Here is an extract from its pitch. “Mar-Key Group is a manufacturer and installer of large structure Marquees for major events, weddings and industrial structures. We also manufacture small marquees […]
Growth comes at a price. There are two ways to build a platform lending business – a dash for growth, or a more conservative, organic build. At Money&Co., we have opted for the second approach, using a conservative risk-analysis model. As a consequence, we have facilitated a relatively low volume of loans at under $20 […]
Regular readers will be aware we like to revisit our popular managed portfolio service. Here’s a brief reminder of its attractions. Clients of the Money&Co Portfolio Service have access to loans with a typical fixed return of 7%, without the need to manage a portfolio of loans. You will receive a quarterly statement with detail […]
Leading journalist Jeff Prestridge paints a damning picture of the UK’s “supposed financial watchdog”, the Financial Conduct Authority (FCA) in The Mail On Sunday. The essence of the argument is that the FCA could and should do more. The failure to spot the shortcomings of the London & Capital Finance bond offering looms large. We’ll […]
The latest loan on site, rated A+, is filling well at 18 per cent bid. The yield on offer is 7 percent. Platform lending of the kind we facilitate here at Money&Co. can be a lucrative activity. The average yield achieved by our registered lenders over more than five years of loan facilitation on this […]
We all know the difficulties of the times. Amid Brexit uncertainty and the problems faced by income-hungry investors in finding a good home for their capital, our managed portfolio service is proving popular. Here’s a brief reminder of what investors get for their money. Clients of the Money&Co Portfolio Service have access to loans with […]
There has been another high-profile collapse in the peer-to-peer (P2P) lending sector. We’ll start with the facts, as reported by the Financial Times: FundingSecure, which offered loans against classic cars and Picasso paintings, has become the second British peer-to-peer lender to collapse in six months. The decision to call in administrators at CG Recovery on […]
Project Rhapsody is now 29 per cent funded. The loan offer has an A risk rating, and provides a fixed-rate return of 8 per cent over five years. From the borrower: “The primary purpose of the loan is to provide working capital to the business so it can continue to collaborate to produce high quality […]
What is it about the uneasy alliance between mainstream finance and the peer-to-peer (P2P) lending sector? We’ve reported recently on the difficult times experienced at Funding Circle, and now further bad news comes from GLI Finance, an early investor in the P2P sector. Note the claim by one of its executives that the company is […]
There has been much excitement about the publication last June by the Financial Conduct Authority of the final rules regarding disclosure of information – specifically, about the risks involved for investors in peer-to-peer loans, the pricing of those loans and about what happens if things go wrong. As our friends at P2P Finance news recently […]