Posts Tagged: alternative finance

Alternative Finance Terminology (Part 3) – M-R

  “I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.” – Malcolm Forbes In Part 1 and Part 2 of this series, we’ve been doing our little bit to demystify the world of obscure phrases, weird juxtapositions, and otherwise meaningless acronyms that make up the…

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FCA Warns P2P Lenders to Steer Clear of Wholesale Lending

Peer-to-peer (P2P) lending companies are seeking clarification from the Financial Conduct Authority, (FCA) as it warns platforms to steer clear of wholesale lending because it falls outside of current P2P regulations. Wholesale lending refers to the practice of lending to financial services companies and institutions so they can then issue their own loans to borrowers.…

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2017 is predicted to be record year for SME borrowing

Consumer spending is at a record high, low-interest rates are fuelling consumer and business spending which is making SMEs confident for the year ahead. Could this overflowing optimism result in unprecedented levels of borrowing in 2017?   According to new results from the latest Zurich SME Risk Index, SME borrowing is set to soar above…

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Growing Appetite for Equity Finance Amongst UK SMEs

Pound coin stacks – Growing Appetite for Equity Finance Amongst UK SMEs

A new report from Albion Ventures has found that UK SMEs are becoming increasingly attracted to long-term equity finance. In 2013, just 12% of small and medium-sized businesses in the country were willing to give up equity in exchange for financial support. But, according to the latest figures, that figure has now grown to 44%,…

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Asset Based Lending Reaches Record High in UK

pound coins – Asset Based Lending Reaches Record High in UK

Figures released by the Asset Based Finance Association (ABFA) reveal that the amount of finance made available to UK businesses through asset based lending leapt to a record high of £4.3 billion in Q3, up 22% over the same period last year. Asset based lending allows businesses to borrow against assets – including property, intellectual…

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FCA Seeks to Toughen Lending Rules in P2P Market

§ – FCA Seeks to Toughen Lending Rules in P2P Market

The UK’s Financial Conduct Authority (FCA) is proposing tougher rules on transparency and disclosure for P2P lending platforms, following a six-month review into the burgeoning industry. In July, the FCA made the announcement that it would be probing the multi-billion-pound alternative finance industry for the second time in two years, amid concerns that investors were…

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Late Payments Culture Posing Serious Threat to UK SMEs

PAID – Late Payments Culture Posing Serious Threat to UK SMEs

The UK’s late payments culture is posing a serious threat to the survival of small and medium-sized enterprises (SMEs). Over one third (34%) of SME owners have highlighted late paying clients as a major difficulty, according to research from Close Brothers Invoice Finance. Of these, 65% said that the main area of concern was with…

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UK Equity Crowdfunding Market Experiencing Slowdown

People holding hands around pound sign – UK Equity Crowdfunding Market Experiencing Slowdown

The UK equity crowdfunding market is looking set to end 2016 with full-year new equity issuance amounting to roughly £130 million, indicating a slowdown in momentum for the first time. The figures come from an AltFi Data report, and refer to the six major players in the UK equity crowdfunding space – Crowdcube, Seedrs, Syndicate…

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UK Largest European User of Asset Based Finance

£20 notes – UK Largest European User of Asset Based Finance

New data from the Asset Based Finance Association (ABFA) reveals that the UK is the largest user of asset based finance of all European countries. The total value of UK businesses supported by asset based finance reached a record high of £355 billion in 2015, up 7.4% from £312 billion in 2014. The research also…

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