Posts Tagged: alternative business finance

The Importance of Pre-Mandated Funds – A Valuable USP

It’s been only six years or so since the first peer-to-peer lending and crowdfunding platforms arrived to fill a vacuum created by the financial crisis. Since then, awareness of Alternative Finance has risen sharply. For many businesses today – whether seeking to borrow money or sell shares – an AltFi platform may be the first…

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Navigating Alternatives With The Route – Finance

  Until very recently, anyone looking for a business loan would have automatically turned to their bank, but this conventional route to finance is no longer the only source of funding for SMEs. The emergence of the alternative finance industry has transformed the way small and medium-sized businesses access capital.   The fintech phenomenon sometimes…

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Alternative Finance Firms Makeup 20% of 2017s FinTech50

The latest FinTech50 list is out, and alternative finance providers and digital banks account for a fifth of its constituents. RateSetter, MarketInvoice and LendInvest have made this year’s list, while Funding Circle and Zopa have been awarded a place in the Fintech50 Hall of Fame.   Alongside P2P platforms Zopa and Funding Circle, other entrants…

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This Is the Golden Age of Access to Finance

The Government is promoting alternative finance, but it is the responsibility of providers to reach out to borrowers and educate them on the new finance solutions available says Chirag Shah, CEO, of Nucleus Commercial Finance, in a recent interview with the Telegraph.   While this is the golden age of business having access to different…

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The Changing Face of Customer Service

Challenger Banks and AltFi Platforms are Changing the Face of Customer Service   We’ve all become accustomed to “always-on” customer service;it’s hard to imagine a world in which you couldn’t order a television from Amazon, swap money between bank accounts or update insurance details at any time of the night or day. And if we…

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Opening the Books – Preparing for Due Diligence

Any business owner seeking to raise capital must inevitably ask a simple question. Will my funding proposal represent an attractive proposition to lenders or equity investors? It’s a question that is often the precursor to a series of steps that will ultimately create a better business. A requirement for additional finance forces a change of…

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Will the Regulator’s Stamp of Approval Boost the P2P Sector?

This month has seen a slew of authorisations granted by the Financial Conduct Authority (FCA), meaning that some of the bigger peer to peer (P2P) platforms, previously operating with only interim permissions have now become fully authorised. The newly authorised platforms include Funding Circle, ArchOver, and Linked Finance.   The approvals follow an arduous 18-month…

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Institutional Investors Are in the P2P Driving Seat

  Since Institutional money arrived alongside retail investors on Peer-to-Peer (P2P) platforms the industry has been making strategic adjustments. Institutional influence is driving platform decisions, which, according to one industry expert, is causing a conflict of interest for investors.   The proportion of Institutional money on the P2P industry is steadily increasing, in 2015 it…

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Businesses Need to Change Their Attitude to Debt

  New data published shows that confidence among UK manufacturers has edged up slightly since last month yet businesses are still reluctant to take on debt finance. Economic and political uncertainty post the EU referendum weighs heavily on business owners and despite the weak pound driving international demand for UK goods, manufacturers are shying away…

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The Bank Referral Scheme Has Made Zero Impact

  The alternative finance industry was given a boost last year when the UK Government mandated that loans applications rejected by high street lenders must be referred to alternative finance providers. The Bank Referral scheme has so far failed to make any impact and now, just months after the introduction of this finance match-making service,…

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