Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | November 20, 2017

Scroll to top

Top

bank lending

Lendy hits £300m investment mark

May 15, 2017 |

THE SLOWDOWN in bank lending prompted by the Brexit vote has helped Lendy hit the £300m investment mark in April, having channelled £50m to property borrowers in the last 100 days alone.

With new loans on the peer-to-peer platform often … Read More

MarketInvoice seals £45m annual funding from Banco BNI

May 15, 2017 |

MARKETINVOICE has clinched a long-term funding deal with Portuguese online bank Banco BNI Europa, as it looks to capitalise on a surge of interest from global institutions.

The Iberian lender has committed to inject £45m into the UK peer-to-peer invoice … Read More

Three in four UK SMEs oblivious of asset-based finance despite sales boom

March 30, 2017 |

THREE in four UK small- and medium-sized enterprises (SMEs) continue to miss out on non-bank funding despite record sales of asset-based finance, new research claims.

While fresh figures from the Asset Based Finance Association (ABFA) revealed that asset-based lenders arranged … Read More

Article 50: Brexit must be turned into an opportunity for UK businesses

March 29, 2017 |

WITH Article 50 kicking off Brexit proceedings, the UK government and businesses must work hard to turn uncertainty into an opportunity, firms and industry groups said on Tuesday.

A lack of clarity around the UK’s divorce from the EU could … Read More

The great British credit boom: Bank lending soars in January

February 24, 2017 |

BANKS lent more to consumers and businesses in January and mortgage approvals hit a 12-month high, as historically low interest rates continue to fuel the credit boom.

Figures from the British Bankers Association (BBA) showed that total consumer borrowing … Read More

Businesses borrow less from banks due to Brexit fears

January 26, 2017 |

HIGH STREET banks lent less to businesses in December due to decreased demand, which economists attributed to Brexit-linked uncertainty dampening firms’ investment plans.

The latest figures from the British Bankers’ Association showed that while overall borrowing rose during the … Read More

Advice from banks is negatively impacting SMEs

January 16, 2017 |

INADEQUATE advice from high street banks is negatively impacting small businesses, a survey has revealed.

A poll by Amicus Finance, which provides property and invoice funding, found 47 per cent of small and medium-sized enterprise (SME) owners claim the business advice they received … Read More