Choice Business Loans Blog

Secret Investor: Funding Circle launch IFISA and a rare default at Assetz Capital

Nov 30, 2017

FundingCircle launch their IFISA tomorrow (30th November)… AssetzCapital beat their equity funding target on Seedrs by 50% proving how much faith investors have in their P2P model… LendingCrowd meanwhile are giving away gin-filled baubles in the lead up to Christmas plus £200 to new investors.

Secret Investor: Defaults mount at Funding Circle and Crowd2Fund raise expansion capital

Nov 15, 2017

Crowd2Fund aim to raise £10 million of expansion capital with 10% of that figure coming from investors on their platform… Despite significantly reducing his holdings, the Secret Investor’s defaults continue to mount at FundingCircle

Secret Investor: Assetz capital in equity raise and Funding Secure's secondary market shows good liquidity

Nov 2, 2017

AssetzCapital launch a round of equity funding via Seedrs… Invest & Fund broaden their lending criteria to encompass lower risk/return opportunities… ArchOver pass the £50 million lent milestone

Secret Investor: RateSetter achieve full FCA regulation and platforms as you to 'refer a friend'

Oct 20, 2017

Ratesetter have become the last of the major platforms to receive Full Authorisation from the FCA paving the way for them to offer an IFISA… LendingCrowd, Ratesetter and CapitalRise all introduce “Refer a Friend” promotions.

Secret Investor: Assetz Capital lower cost of borrowing and Zopa ties up with Saffron Building Society

Oct 6, 2017

AssetzCapital cut interest rates on certain property backed loans… P2P moves closer to the mainstream as Zopa lends money to customers of the Saffron Building Society… ThinCats open up their platform to institutional investors.

The Dubai Overpayment scam

Oct 3, 2017

The Dubai overpayment scam by a company called Al Kazeem Trading: goods orders, funds paid via cheque to bank but over paid and a refund requested in the hope it is sent before the cheque bounces.