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Peer2Peer Finance News | September 20, 2018

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National Association of Commercial Finance Brokers

SME lending growth hits two-year low while consumer borrowing rebounds

January 30, 2018 |

LENDING to small-and-medium-sized enterprises (SMEs) declined in December at the steepest rate for three years while consumer borrowing ticked back up, Bank of England data shows.

The latest money and credit release from the Bank revealed SME lending declined by … Read More

Getting down to business

January 15, 2018 |

Business lending is now the largest segment of peer-to-peer finance in the UK, but fierce competition for good-quality borrowers means the platforms have their work cut out. Peer2Peer Finance News delves into the industry’s plans to stay ahead of the … Read More

Lenders plan to scale back unsecured credit significantly

January 11, 2018 |

LENDERS expect to provide significantly less unsecured consumer credit in the first quarter of 2018, according to the Bank of England’s latest credit conditions survey.

Unsecured lending to households fell again in the fourth quarter, meaning reductions were reported in … Read More

Proplend joins NACFB

November 29, 2017 |

PROPLEND has joined the National Association of Commercial Finance Brokers (NACFB) as a patron.

The peer-to-peer property platform said on Wednesday that it received positive feedback from the trade body’s broker community, prior to its membership being approved.

“Brokers play … Read More

The P2P Power 50

October 2, 2017 |

PEER-TO-PEER lending has rapidly grown into a multi-billion-pound industry, bringing together the best in banking and technology as well as lawyers, regulators, analysts and fund managers.

So, who are the key players influencing the UK’s P2P sector? The inaugural Peer2Peer … Read More

Industry split on bank referral scheme ahead of Treasury announcement

July 28, 2017 |

THE TREASURY is expected to release its first public figures on the bank referral scheme in the coming weeks, with the commercial finance sector divided on the initiative’s success.

The government-backed scheme launched last November to much fanfare, mandating nine … Read More

Credit where it’s due

May 18, 2017 |

Commercial finance veteran Adam Tyler speaks to Peer2Peer Finance News about his time at the helm of an industry trade body, his new venture and why small businesses have never had it so good…

Adam Tyler lives and breathes commercial … Read More

Strictly business

February 13, 2017 |

Peer-to-peer lending is often associated purely with consumer lending and borrowing, but the enormous potential of the business lending market could spell huge growth for the industry. Just as long as platforms are prepared to do a bit of hard … Read More

P2P lenders sign up to new SME finance platform

February 2, 2017 |

PEER-TO-PEER lenders are among the 100 finance providers already signed up to FinancemyBusinessonline, a new platform to help small businesses find funding.

The platform, which launched yesterday, was founded by Adam Tyler (pictured), former chief executive of the National Association … Read More

NACFB chief Adam Tyler to step down after 11 years

October 28, 2016 |

ADAM Tyler, chief executive of the National Association of Commercial Finance Brokers (NACFB), is departing after 11 years so that a new leader can drive the next stage of growth, the trade body said.

“There has been a significant change … Read More