Tagged: greg carter

Growth Street Celebrates Full FCA Authorization & New GrowthLine Lending Product: Need to Borrow £2M?

UK alternative finance firm Growth Street has been granted full FCA authorization,  a significant milestone for Growth Street, which had been operating as an Appointed Representative of Resolution Compliance Limited since 2016. “We’re delighted to be fully authorized and regulated by the FCA. It’s a… Read More

Why Exports and Alternative Finance Could Hold the Keys to SME Growth

2018 has started strongly. According to the UK Office of National Statistics data, it looks like the UK could be starting to overcome its productivity challenges. Meanwhile, manufacturing output is at its highest level in a decade. And, of course, we’ve seen the global economy… Read More

Growth Street Taps University College London’s Bright Young Minds for AltFin

The UK altfin company Growth Street, which surpassed £100 million in online lending earlier this month, is now collaborating with University College London School of Management to give students first-hand experience of using business analytics in a fast-moving commercial environment. The students’ work, which concentrates on predicting a business’s… Read More

Growth Street Milestone: P2P Business Lender Surpasses £100 Million of Lending

UK-based peer-to-peer business lender Growth Street has successfully surpassed £100 million in online lending. The platform, which was launched in 2013, allows investors to lend to small-and medium-size businesses using a flexible working capital solution. According to Peer2Peer Finance News, along with its lending milestone, Growth… Read More

Growth Street Comments on Nesta’s One Up Challenge Selection: Helping UK’s SMEs Prosper

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

Q&A: UK Marketplace Lender Growth Street CEO Greg Carter Talks Transparency, Brexit and Fintech Innovation

“As the industry matures and looks to grow beyond a base of early adopters, I believe a focus on clarity will best help us to attract new investors.” Growth Street, an FCA-authorized UK business finance platform focusing on SME loans, has aimed to become a… Read More

UK Alternative Lender Growth Street Celebrates 1,000+ Investors and Counting

Founded in late 2016, UK alternative lender Growth Street has announced that over 1000 investors have signed up to lend to profitable UK small businesses through its platform. Independent P2P rating service 4thWay has ranked Growth Street as one of the lowest-risk platforms in the UK… Read More

Brief: UK Alternative Lender Growth Street Taps Millennial Investors

UK alternative lender Growth Street has revealed that 37.4% of its investors are under the age of 35, contradicting public figures who have chastised millennials for not thinking about saving and investment. Growth Street’s news follows comments made by property mogul Tim Gurner earlier this month…. Read More

Brief: UK P2P Lender Growth Street on the Move with New Cash Flow Tool

Growth Street, an alternative business finance platform, has launched its free “How to Improve Cash Flow” tool. Designed for SME owners, the tool aims to understand the ‘pain points’ for UK SMEs when cash flow becomes an issue while providing insight about how to tackle these cash flow challenges. “We want… Read More

UK P2P Lender Growth Street Celebrates Marketplace Rate Drop, Signals Increased Momentum

Growth Street’s marketplace rate dropped on Monday from 6.5% AER to 6.4% AER, rewarding borrowers with a 10bps drop in their costs of funds. The UK P2P lender attributes the drop to the momentum it has built on its platform, welcoming over 700 investors to date since the… Read More

Growth Street Reports Rapid Growth as 600 Investors Sign Up in Just 5 Months

Peer to peer lender Growth Street is reporting solid growth. The online lender said it has captured over 600 investors since platform launch at the end of 2016. Growth Street is a platform that provides online financing options for UK SMEs. The company also touted its… Read More

Greg Carter Replaces James Sherwin-Smith as Growth Street CEO

Growth Street,  an online lender focusing on SME loans, has announced that founder Greg Carter has assumed the CEO position at the platform replacing James Sherwin-Smith. Carter has been Growth Street’s Chief Risk Officer since its launch. Carter founded Growth Street while working at Arts… Read More

Growth Street’s James Sherwin-Smith: Over £34M Has Been Matched on Platform to Date

Growth Street announced last week it would now accept individual retail investors on its peer to peer lending platform. They may do this now as they are an FCA registered Appointed Representative pursuant to a partnership with another firm.  Growth Street, which was founded in 2013 by Sherwin-Smith… Read More