Tagged: p2p

March 21, 2014 @ 9:51 pm By JD Alois  |  

P2P crowdfunding platform Lending Club has announced they are officially entering the business loan sector. “Everyone recognizes that small businesses are an engine of job creation and economic growth, yet their access to capital has been constrained,” said Lending Club CEO Renaud Laplanche. “We look… Read More

March 19, 2014 @ 11:20 am By JD Alois  |  

As part of the 2014 Budget report delivered by Chancellor George Osborne today, it was announced that ISA’s (Individual Savings Accounts similar to 401k’s in the US) may now hold P2P loans.  The UK government has extended the list of qualifying investments for these widely utilized… Read More

March 19, 2014 @ 11:16 am By JD Alois  |  

Great News for UK Investors. Stuart Law, the founder and CEO of Assetz Capital – one of the fastest growing P2P lenders in the United Kingdom – has commented on the announced change regarding eligibility for P2P lending assets being included in tax free ISA… Read More

March 19, 2014 @ 9:50 am By JD Alois  |  

Fast growing Peer-to-Peer lending platform LendInvest has put together a 2014 Lending Survey.  The company is soliciting feedback from P2P lenders or anyone who may be considering participating in P2P lending in the near future.  LendInvest hopes the information captured will aid in the development… Read More

March 15, 2014 @ 2:50 pm By JD Alois  |  

P2P platform LendInvest has introduced a new product on their investment crowdfunding site. Tranche Loans will be a new way for participants to choose their preferred level of risk and return they would like to achieve. LendInvest prides themselves on their high quality products and… Read More

March 12, 2014 @ 9:37 pm By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has welcomed the Financial Conduct Authority‘s (FCA)  regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media. In April, peer to peer lending will become fully regulated by the FCA. This is welcomed… Read More

March 12, 2014 @ 5:49 pm By JD Alois  |  

Peer-to-Peer (P2P) lending platform Prosper has recently made some changes in the executive offices. The San Francisco based P2P crowdfunding company has announced that Aaron Vermut will become the company’s new CEO replacing his father, Stephen Vermut, who will become the Executive Chairman focusing more… Read More

March 6, 2014 @ 11:52 am By JD Alois  |  

Beginning of New Era for Alternative Financing in UK. The Financial Conduct Authority (FCA) published regulations on crowdfunding to come into force on April 1, 2014.  The FCA   has confirmed new rules for P2P lending platforms due to come into force on 1 April 2014.  Stuart… Read More

February 25, 2014 @ 6:32 am By JD Alois  |  

Dealstruck Selected by Peer-to-Peer Loan Fund Direct Lending Investments for Investment in Small Business Loans.  Direct Lending Investments, the general partner of a peer-to-peer (P2P) fund with a diversified pool of high-yielding, short-term small business notes, today announced a partnership agreement with Dealstruck, an online… Read More

February 21, 2014 @ 8:06 am By JD Alois  |  

Turned Away By Local Banks, Business Find Funding in Crowd Lending. Cornwall based Folk2Folk, a peer-to-business (P2B) crowdfunding phenomenon tailored exclusively for the South West region, has helped to secure loans of a remarkable £20million since it was launched in early 2013. Folk2Folk crowdlending platform… Read More

February 20, 2014 @ 10:33 am By Christian Faes  |  

“Glaring Omissions” with FCA Regulations Regarding Due Diligence by Platforms. There is a lot of hype about the future potential of crowdfunding and peer-to-peer (P2P) lending. The United States has shown the huge potential with platforms such as Lending Club and Prosper lending billions of… Read More

February 19, 2014 @ 7:30 am By JD Alois  |  

RebuildingSociety.com wants UK businesses of their peer-to-peear crowdlending platform and  they are offering a special incentive through next month. During March, businesses that successfully complete a loan application for up to £50,000 through their P2P lending platform, applicants will be eligible to win their loan… Read More

February 18, 2014 @ 9:14 am By JD Alois  |  

The UK’s largest credit show is growing. This spring you can look forward to even more specific cutting edge content, free training workshops and an expanding exhibition meaning even more networking opportunities. Starting off the day will be a keynote address from Martin Wheatley, chief… Read More

February 18, 2014 @ 8:58 am By JD Alois  |  

P2P Lending Platform eMoneyUnion Raises £300,000 in Crowdfunding Round. eMoneyUnion successfully raised £300,000 on equity crowdfunding site Crowdcube and entered into “overfunding” mode.  The target was hit earlier today as 103 investors came together to finance this new company.  The largest single investment was for… Read More

February 17, 2014 @ 10:11 am By JD Alois  |  

The Guardian has put together a very practical list of all the major P2P lenders in the United Kingdom.  The UK has been at the forefront of the P2P crowdfunding industry and the companies participating in this new sector have experienced dramatic growth. The major… Read More

February 14, 2014 @ 8:43 am By JD Alois  |  

FCA regulated AbundanceGeneration will offer 9% return on its latest low risk renewable energy debenture positioned as a better home for savers many of whom are currently earning rates less than inflation Announced today, the renewable energy investment project has a minimum investment of only… Read More

February 12, 2014 @ 11:55 am By JD Alois  |  

Peer-to-Peer crowdfunding platform LendInvest continues to post impressive results.  The company earlier this year reported growing to £25,000,000 in loans completed since their launch in late spring of last year.  The company captured significant media cover regarding a P2P loan for £4.12 million which has… Read More

February 10, 2014 @ 7:47 am By JD Alois  |  

Data provided by Peer-to-Business (P2B) crowdfunding platform rebuildingsociety.com indicates that small business owners continue to use their personal credit cards to finance their companies.  The UK based lending platform shared their research showing: Nearly two out of five (37%) SME’s planning to borrow in next 12 months… Read More

January 28, 2014 @ 5:05 pm By JD Alois  |  

Individual Savings Accounts (ISA) are a financial product available to residents of the United Kingdom.  These types of vehicles are used to supplement retirement incomes (somewhat similar to US 401k’s).  Apparently in a meeting held this week between Peer-toPeer (P2P) lenders, ISA industry participants and… Read More

January 27, 2014 @ 1:37 pm By JD Alois  |  

According to Madiston LendLoanInvest, UK borrowers waste thousands by choosing inflexible loan providers who force them in to lengthy terms and higher rates. Lenders may also miss a trick if they don’t have the flexibility to set and secure their own acceptable rates for loans… Read More