Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | March 26, 2019

Scroll to top

Top

SME News

Another ex-RBS executive joins ThinCats business development team

March 25, 2019 |

BUSINESS banking specialist Stuart Thompson (pictured) has joined ThinCats as director of regional business development.

His appointment expands the peer-to-peer lending firm’s London-based team, which is led by Dave Sherrington.

Thompson has a decade of experience in business banking for … Read More

Leading the charge

March 22, 2019 |

Funding Options founder Conrad Ford talks to Andrew Saunders about his motivations for setting up the business finance aggregator, the future of peer-to-peer lending and his overseas ambitions…

SOME ENTREPRENEURS are born, while others have entrepreneurship thrust upon them, as … Read More

IFISA Guide: SME loans

March 20, 2019 |

This month, we provide details on some of the SME-focused IFISAs on the market

Ablrate

Ablrate’s IFISA offers returns ranging between 10 and 15 per cent, enabling investors to fund asset-backed loans to UK businesses. It is a flexible tax … Read More

SME finance demand down on Brexit uncertainty

March 14, 2019 |

SMALL- and medium-sized enterprises (SMEs) are putting off seeking funding due to ongoing Brexit-related economic uncertainty.

According to the latest SME Finance Monitor from research agency BVA BDRC, just four per cent of SMEs had applied for finance in 2018.

Read More

Folk2Folk boosts investor rates in product overhaul

March 11, 2019 |

FOLK2FOLK has boosted its investor rates and has scrapped its Innovative Finance ISA (IFISA) arrangement fee as part of an overhaul of its product range.

The peer-to-peer lender, which offers secured business loans, said on Monday that investors can now … Read More

MarketInvoice warns creative SMEs face £1bn payments shortfall

March 11, 2019 |

CREATIVE industries are grappling with £1bn in late payments, MarketInvoice has found.

New research from the business finance provider found that 48 per cent of firms in the creative industries admitted that they were paid late in 2018.

Last year, the … Read More

Alternative finance aggregator partners with currency broker

February 27, 2019 |

SMALL- and medium-sized enterprises (SMEs) using currency broker TorFX are to be given access to finance aggregator Alternative Business Funding (ABF).

The partnership will give SMEs access to finance from alternative sources including peer-to-peer lenders.

ABF will also introduce its … Read More

ThinCats secures first funding line from British Business Bank

February 18, 2019 |

THINCATS has joined a select group of peer-to-peer lenders that have received funding commitments from the British Business Bank (BBB).

The peer-to-peer business lender unveiled the new £20m funding line on Monday, which will be provided by British Business Investments … Read More

SMEs look to alternative funders in case of no-deal Brexit

February 15, 2019 |

SMALL businesses are looking at alternative lenders to solve their cashflow issues in the event of a no-deal Brexit, according to small- and medium-sized enterprise (SME) funding platform Swoop.

Andrea Reynolds, chief executive and co-founder of Swoop, told Peer2Peer Finance … Read More

SMEs fear impact of Brexit on cashflow

February 11, 2019 |

SMALL businesses could struggle to meet their essential running costs due to Brexit-related cashflow problems, new research suggests.

A survey of 335 UK small- and medium-sized enterprises (SMEs) conducted by insurance premium finance company Premium Credit found 45 per cent … Read More