Bank of England: Fintech ‘boosting UK’s financial resilience’

THE EMERGENCE of alternative finance and the growth of fintech have boosted the UK financial system’s resilience, according to the Bank of England’s deputy governor for markets and banking.

Speaking at the Society of Professional Economists’ annual conference on Friday, … Read More

Food producers see longer payment delays due to supermarket price war

SUPERMARKET price wars are leaving food producers suffering with longer payment delays, Funding Options claims.

Analysis by the UK’s top food producers by business finance aggregator Funding Options found firms in the sector are waiting 45 days to be paid … Read More

The Finance Professional Show 2018

The Finance Professional Show 2018

Date: 7 November, 2018

Venue: Olympia, London

Established in 2013, and now considered the busiest and most varied financial trade show in London, the Finance Professional Show is the ideal one-day event for funders and providers … Read More

Alternative lenders help push BBB-facilitated loans past £12bn

ALTERNATIVE lenders helped drive £678m of new funding commitments through British Business Bank (BBB) programmes in 2017/18, taking the total stock of finance provided to small businesses to £12.3bn.

This represents an increase of 33 per cent from the year … Read More

Most business advisers would recommend alternative finance to fund growth

THE VAST majority of business advisers would recommend alternative finance to small- and medium-sized enterprises (SMEs) looking to grow, ThinCats research has found.

The peer-to-peer business lender surveyed 300 advisory professionals during Spring 2018 and found that 89 per cent … Read More

Excess cash eats into Honeycomb’s NAV returns

THE HONEYCOMB Investment Trust saw its net asset value (NAV) returns slow in May after hitting a new high the month before.

The alternative-finance focused fund posted a NAV return of 0.56 per cent, down from 1.36 per cent in … Read More

Honeycomb NAV soars after share sale

HONEYCOMB Investment Trust, the alternative finance-focused fund, increased its net asset value (NAV) return to 0.88 per cent in April.

The figure, stated under IFRS 9 reporting standards which take into account bad loans, is an improvement from 0.72 per … Read More

Record quarter for Victory Park Capital revenue returns

VICTORY Park Capital (VPC) Specialty Lending has reported record quarterly revenue returns for the first quarter of this year, boosted by its balance sheet investments.

The alternative finance-focused investment fund said it generated a gross revenue return on balance sheet … Read More

Ranger rejects Oaktree call to shut down fund

RANGER Direct Lending (RDL) has rejected Oaktree’s recommendation for the fund to shut down, stating that it is dealing with the issues which were raised in the shareholder’s letter, which described RDL as a “sub-standard platform.”

“The Board notes today … Read More

First-time house buyers consider alternative finance options

ALMOST half of first-time property buyers in the UK are considering using alternative finance to help raise a deposit, according to new research.

The research conducted by high street bank Santander found that more than 40 per cent of first-time … Read More