Posts Tagged: alternative lending

Why Property Developers Should Consider Private Debt

  The world of property development has its own well-established finance ecosystem – one in which banks and also specialist lenders provide a range of funding options to investors, developers and entrepreneurs.   And that is good news for anyone preparing plans for an investment in the buy-to-let market or something more ambitious – perhaps…

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Turning Offices Into Homes – Financing a New Property Development Opportunity

Britain’s town and city centres have undergone huge changes over the last few decades. As manufacturing declined, many of the light and heavy industrial units that operated in close proximity to shopping and residential areas have been converted to offices or, more recently, apartments. Looking to the future, as retailers come under pressure, many analysts…

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The Year So Far – Use of Credit is Down in 2018 but AltFi Growth Continues

Back in January of this year, merchant bank, Close Brothers published a survey suggesting that just over a quarter of UK SMEs felt they were not being served by their high street banks. In particular, the survey identified a perception that traditional banks lacked the specialist knowledge required to effectively support their small business customers.…

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The Alternative Lending Landscape Sees New Entrants

The investment banking giant Goldman Sachs is considering launching a consumer lending arm in the UK, which will compete with the likes of Zopa and RateSetter.   The US bank is reportedly looking to expand its retail banking business in the UK, initially with savings accounts and potentially moving into lending with the roll out of…

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Restrictions Lifted on Brokers Promoting P2P Finance

  The alternative finance industry has struggled to build awareness, understanding, and trust about its platforms and products among SMEs. Countless industry reports highlight the lack of information about peer-to-peer finance (P2P) among UK business owners.   However, a move earlier this week from The National Association of Commercial Finance Brokers (NACFB), might give the…

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More Than Half of UK SMEs Struggle to Access Finance

57 per cent of the UK’s small and medium-sized enterprises (SMEs) struggle to obtain finance. This is according to research commissioned by financial services firm American Express. The study also reports that more companies than ever are turning to non-bank sources such as crowdsourcing and alternative lenders to gain access to growth capital. The research,…

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Will Growing Consumer Credit Be the Reason for a Rate Hike?

Rising household debt and consumer credit will be a key issue for the Bank of England’s Monetary Policy Committee as it decides whether to hike interest rates. Speaking at the London School of Economics this week, Mark Carney, said consumer credit rose at its fastest rate since 2005, climbing more than 10 per cent. The…

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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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