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Assetz Capital have made their IFISA available on the Manual Investment Account… ThinCats delay the introduction of their IFISA until new tax year begins in early April… LendingCrowd will use funds in Managed Accounts to make purchases on their Secondary Market
ArchOver, as well as preparing to make their IFISA available in the next few weeks, launched a new type of loan which is secured against a R&D tax refund… Assetz Capital fix a bug in their software which was preventing payments being made from their Provision Fund when interest payments were missed.
Fintech Alternative Banking Options
Feb 16, 2018
Fintech, and fintech companies, offer a genuine alternative to the high street banks that have dominated the banking landscape for years. The oligopoly created by “The Big Four” and a few others is seriously under threat from this emerging market. In fact 2017 saw more money invested in the UK fintech market than anywhere else in Europe, despite the concerns over Brexit.
Zopa pass the £3 billion lent mark… Invest & Fund plan to offer riskier loans with LTV’s above 75%... Lending at Ratesetter returns to pre-Crisis throughput ahead of the launch of their IFISA tomorrow (8th February).
Invest & Fund plan to give their investors more time to undertake due diligence… I&F are also developing an Auto-Bid product… Zopa increase the rates for investors (slightly) and open up their IFISA to new customers… Rates are rising at LendingWorks too
LendingCrowd plan to offer the facility to automatically invest repayments on manually selected loans – a hybrid AutoBid. AssetzCapital reduce returns on one of their managed accounts and freeze investment into another… ReBuildingSociety intend to allow troubled loans to be traded on their Secondary Market.
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Choice Business Loans Blog
"An investment in knowledge pays the best interest." - Benjamin Franklin.
These are our Blogs about alternative finance, SME loans and the broader business environment
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Peer-To-Peer Lending With The Secret Investor
February P2P Lending Platform News Round-up
Last post: Feb 14, 2019
Against a backdrop of rising insolvencies in the UK, ArchOver claim their credit checking procedures will limit the impact of this trend on their customers… CapitalRise launch their Secondary Market… Funding Circle’s updated website makes data relating to investors’ portfolios harder to find… Ratesetter’s IFISA attracts £175 million in 12 months.
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Reviews Of The Peer-To-Peer Lending Sites
InvestUP - The P2P Superstore
Last post: Dec 21, 2015
Diversification. That is the key to successful P2P lending but such a strategy, with funds spread across many platforms, can be extremely time consuming. The InvestUP Crowdfunding brokerage has been established to alleviate this problem by enabling investors to distribute their capital across many P2P hosts using just one account. Currently, offerings are listed from over 20 P2P sites in this online superstore of opportunities.
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Special Reports & Infographics
When is a Merchant Cash Advance Suitable For Your Business?
Last post: Jan 2, 2019
When is a Merchant Cash Advance suitable? We take a look at the requirements for a merchant cash advance as well as whether or not you should choose a merchant cash advance over a traditional loan.
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Relevant Issues Blog
Alternatives to a Business Bank Overdraft
Last post: Jan 29, 2019
Alternatives to a Business Bank Overdraft. An overlook into Revolving Credit Facilities, Merchant Cash Advances and Invoice Financing and how they can work as alternative options to a business bank overdraft.
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