latest news with obi

Latest from UK Peer to Peer Lending News Sources

  • Home improvement loans rose during lockdown
    by Kathryn Gaw on 20th September 2021 at 9:41 am

    Lockdown led to a dramatic increase in requests for home improvement financing, according to a survey of second charge brokers. 81 per cent of brokers said that they have seen an increase in demand for loans to fund home refurbishment projects over the past six months. The survey – commissioned by Shawbrook Bank – also The post Home […]

  • New regtech product launched for SME fintechs
    by Kathryn Gaw on 20th September 2021 at 12:02 am

    A new regtech product has been launched to help fintechs and other financial services organisations respond to regulatory changes and implementations. RegAssure was developed by regtech company CUBE. It was created specifically for small- and medium-sized enterprise (SME) financial firms, as a way to tackle compliance issues, reduce risk and save […]

  • Rising inflation shifts spotlight to IFISAs
    by Michael Lloyd on 17th September 2021 at 4:24 pm

    The Bank of England’s predicted rise in inflation means that cash savers are set to lose out on thousands of pounds, while Innovative Finance ISAs (IFISAs) continue to allow investors to achieve inflation-beating returns. According to the Bank’s latest survey on inflation expectations, inflation will reach 2.7 per cent over the next year and […]

  • Has your company made a trading loss due to covid? You could claim back some tax
    by robert mccorquodale on 17th September 2021 at 3:03 pm

    The UK government has announced various assistance packages to help businesses cope with the impact of the Covid pandemic. One important measure is the temporary extension of the loss carry back rules for UK companies. If you run a limited company and have made a loss either this year or last, here we take a The post Has your company made a […]

  • Is crypto-backed P2P lending a flash in the pan?
    by Michael Lloyd on 17th September 2021 at 3:03 pm

    Yesterday, Czech platform Bondster announced that it has started offering loans secured by Bitcoins, joining the limited ranks of peer-to-peer lenders embracing crypto-assets. But is this an emerging trend or a flash in the pan? Crypto lending and P2P lending both present risks as well as opportunities, but there is an argument to be made The […]

  • Assetz Capital says CBILS helped NI property market bounce back
    by Michael Lloyd on 17th September 2021 at 2:08 pm

    An Assetz Capital relationship director has claimed that government support, such as the coronavirus business interruption loan scheme (CBILS), has reinvigorated the property market in Northern Ireland. Morgan McCandless, a relationship director covering Northern Ireland for the peer-to-peer lending platform, said that Covid and Brexit had the […]

  • JustUs founder says crypto should be included in Online Safety Bill
    by Michael Lloyd on 17th September 2021 at 12:38 pm

    JustUs founder and chief executive Lee Birkett has called for the government’s Online Safety Bill to be expanded to include financial services and give the City regulator more power to act against unregulated crypto lenders. A joint committee of both houses was established in May to consider the draft legislation, which aims to protect people […]

  • Haydock Finance accredited to recovery loan scheme
    by Michael Lloyd on 17th September 2021 at 9:36 am

    Haydock Finance has been accredited to the recovery loan scheme (RLS). The business and asset finance lender will deliver asset finance loans under the RLS to small- and medium-sized enterprises (SMEs). Under the scheme, Haydock Finance will provide hire purchase, finance lease and sale and refinance to SMEs with terms of up to 60 months. The […]

  • P2P property loans grow in size
    by Marc Shoffman on 17th September 2021 at 9:34 am

    Armed with growing numbers of institutional and retail investors, peer-to-peer property lending platforms are originating increasingly large facilities. Bridging lender SoMo last month launched a larger loan product based on broker demand for loans worth more than £300,000. Meanwhile, CrowdProperty’s publicly-available loanbook data shows that […]

  • Abundance narrowed losses in 2020 and predicts profitability
    by Kathryn Gaw on 16th September 2021 at 4:02 pm

    Abundance Investments narrowed its losses in 2020 as the Covid-19 pandemic hit, but the platform has predicted rising revenues and profitability within “the coming years”. According to documents filed with Companies House, the ethical investment platform posted a loss of £310,581 for 2020. In 2019, the platform’s losses amounted to […]

Loading…

Scroll to Top