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Peer2Peer Finance News | September 18, 2019

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Posts By Kathryn Gaw

Ablrate sponsors Rookie of the Year prize at major golf tournament

September 18, 2019 |

PEER-TO-PEER lender Ablrate has announced that it will be sponsoring the Rookie of the Year 2019 award at the PGA EuroPro Tour.

Every rookie golfer on the tour will compete for a £1,000 prize pot over the season, with an … Read More

Landbay: Pet-friendly properties more attractive for renters

September 17, 2019 |

NEW TENANTS are most attracted to pet-friendly properties, unfurnished properties, and properties with a garden, Landbay has revealed.

In a new survey, the buy-to-let focussed marketplace lender asked 2,000 renters what would make them want to approach a landlord about … Read More

3.4m investors still searching for the perfect property platform

September 17, 2019 |

MORE THAN three million (3.4m) savers and retail investors are considering property investment platforms for the first time, but they have yet to find one that they like and trust.

According to new research from secured property lender Fitzrovia Finance, … Read More

Getting down to business

September 16, 2019 |

Small business minister Kelly Tolhurst MP talks to Kathryn Gaw about the challenges facing smaller firms in the Brexit climate and the role of alternative finance in supporting the sector

DEPENDING ON WHO you ask, the government is either doing … Read More

Barclays loans contribute to widening losses at MarketInvoice

September 13, 2019 |

MARKETINVOICE saw its losses widen to £4.72m last year, due to a £1.17m interest bill for loans and convertible loan notes.

The invoice finance and business loans provider reported an overall loss of £4.72m for the 12 months to 31 … Read More

Accolades for alternative lenders at the Growth Finance Awards

September 12, 2019 |

LENDINGCROWD was among the business lenders that received accolades at the first Growth Finance Awards, which took place in London last night.

The awards, organised by research firm Intelligent Partnership, aim to recognise the role that the finance community plays … Read More

Half of SME owners can’t afford to fund their growth

September 12, 2019 |

MORE THAN half (52 per cent) of small- and medium-sized enterprises (SMEs) are unable to fund their business ambitions, a new survey has found.

Recent research from Nucleus Commercial Finance discovered that although SME owners saw their revenue and profit … Read More

Temperature check

September 4, 2019 |

It’s been five years since the Financial Conduct Authority took over regulation of the peer-to-peer lending sector. With new rules coming into effect this December, is the industry happy with the watchdog’s efforts so far? 


P2PGI blames writedowns and Funding Circle bad debts for poor July

September 3, 2019 |

P2P GLOBAL Investments has blamed writedowns in the value of two equity stakes and bad debts from Funding Circle for a “disappointing” performance in July.

The alternative finance-focused investment trust delivered a 0.33 per cent NAV return for the month … Read More

IFISA market breaks £1bn barrier after Funding Circle confirms intake

September 3, 2019 |

THE INNOVATIVE Finance ISA (IFISA) market is officially worth more than £1bn, after Funding Circle confirmed that it has attracted £250m into its tax wrapper.

Earlier this year, the Tax Incentivised Savings Association (Tisa) told Peer2Peer Finance News that the … Read More