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Peer2Peer Finance News | June 21, 2018

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Paul Goodman

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

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

NACFB names Graham Toy as CEO

June 21, 2017 |

THE NATIONAL Association of Commercial Finance Brokers (NACFB) has named Graham Toy as its chief executive, the first permanent replacement since Adam Tyler stepped down after 11 years.

Toy joins from N&P Commercial Lending, where he held the position of … Read More

Hot property

April 24, 2017 |

Peer-to-peer property lenders have experienced stellar growth in recent years, but will tax and regulatory changes stop the sector in its tracks?

Property lending makes up a significant part of the peer-to-peer finance sector, whether it be buy-to-let mortgages, bridging or … Read More

SMEs funding appetite surges after Spring Budget

April 19, 2017 |

UK SMALL businesses’ funding appetite surged after the Spring Budget, the National Association of Commercial Finance Brokers (NACFB) said, as they rushed to shield their growth plans against rising business costs.

The average value of funding enquiries via the NACFB’s “findSMEfinance” … Read More

NACFB brokers get green light to sell unlimited P2P loans

March 13, 2017 |

COMMERCIAL brokers have been granted more scope to sell peer-to-peer loans to their clients, after their main trade body clinched a deal with Towergate Insurance and Funding Circle.

The National Association of Commercial Finance Brokers (NACFB) announced on Monday that its insurance … Read More

Business appetite for P2P loans has fallen, says NACFB chair

February 16, 2017 |

UK BUSINESSES are using less peer-to-peer funding as awareness of the sector has “started to plateau”, according to the head of the National Association of Commercial Finance Brokers (NACFB).

Data from the trade body found that business financing from P2P … 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

Rob Lankey is named interim CEO at NACFB

November 17, 2016 |

ROB LANKEY has been appointed the interim chief executive at the National Association of Commercial Finance Brokers (NACFB), replacing Adam Tyler with immediate effect.

Lankey (pictured) was previously managing director of commercial mortgages and property development finance at Aldermore and … 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