Today we offer the views of two well respected commentators on crowdfunding and peer-to-peer lending, both of whom believe we are at a critical juncture in the provision of funding for small and medium-sized enterprises (SMEs). Ryan Weeks, editor of AltFi, looks at the impact of a projected rates rise in the UK: “Governor of […]
We are trying to be heard, but it seems that the message of peer-to-peer lenders is not getting through as well as it might. To be blunt, a snapshot survey of new entrants into Parliament reveals startling levels of ignorance amongst MPs regarding sources of finance, funding and tax breaks for SMEs. “More than half of […]
Change is the name of our game. The Fund Forum International at the Grimaldi Centre in Monaco calls itself the largest fund management forum in the world. Money&Co.’s CEO, Nicola Horlick, used to be a high-profile manager in the traditional business of asset management. Yesterday, she spoke at the opening conference session, and startled a […]
We welcome the Reuters report that Amazon is going into the small and medium-sized enterprise (SME) loan market. The technology leviathan has left book-selling far behind. It is set to launch an invitation-only lending scheme for some of its sellers: “[Amazon] will launch its business loan program for small sellers later this year in eight […]
It’s an undoubted truism: there’s strength in numbers. And we’re delighted to announce that today we are joining the Alternative Business Funding (ABF) hub. The ABF is now 50-strong, and describes itself as a “leading alternative-funding platform, which successfully lobbied for the new banking referral legislation – estimated to pump an additional £2 billion in business […]
Following the credit crunch, debt has become a bit of dirty word and many UK small and medium-sized enterprises (SMEs) are now classed as permanent non-borrowers. Given that productivity is a big problem in the UK, this suggests that there has been a lack of investment by British companies and this is partially due to […]
Forbes may have some answers to this question. The this week the renowned US business media organisation reported on figures published by the UK’s Federation of Small Business (the FSB): “Around 60 per cent of loan applications by members the last three months were approved by lenders. That compared with just 45 per cent a […]
This week’s Treasury Select Committee Report on lending to small- and medium-sized enterprises (SMEs) has an undertone of frustration that the area is still dominated by traditional sources of finance. Money&Co. issued a short statement on the direction of SME financing, and our hopes and expectations regarding the benign disruption to be expected from peer-to-peer […]
Our CEO opines on a very significant, but largely unheralded, achievement in the SME sector. The Mittelstand has long been held up as a gem sitting in the midst of the German economy. There are 44,000 mid-sized companies in Germany with the vast majority remaining in family ownership. Collectively they employ 9.2 million people. […]
The Milturn Precision Engineering loan worked really well for lenders and borrower alike The borrowers’ side of Money&Co.’s peer-to-peer lending (P2P) operation is all about providing liquidity that allows UK small and medium-sized enterprises (SMEs) to be flexible and creative in their business dealings. The lending side of that self-same equation means that lenders to […]