Latest from UK Peer to Peer Lending News Sources

  • Debt funds dominate UK sponsor-backed deals in Q1
    by Suzie Neuwirth on 29th May 2024 at 11:07 am

    UK sponsor-backed mid-market financing activity increased in the first quarter of 2024, with debt funds financing the vast majority of deals. New data from investment bank Houlihan Lokey showed that 47 transactions were completed during the period, an 18 per cent increase from 40 transactions in the first quarter of last year. However, there was […]

  • Folk2Folk reports fifth consecutive year of profitability
    by Hannah Gannage-Stewart on 28th May 2024 at 3:26 pm

    Folk2Folk has reported a pre-tax profit of £1.28m in its latest financial year – its fifth consecutive annual profit to date. This compares with a profit of £1.37m during the previous 12 months. According to documents filed with Companies House, the slight dip in profits may be down to a year-on-year rise in administrative expenses The post […]

  • UK firms face largest ever increase in debt-driven costs
    by Hannah Gannage-Stewart on 28th May 2024 at 10:23 am

    Companies are experiencing the largest hike in debt-related costs ever faced by the UK private sector, according to a study by management consultancy Baringa. Baringa gathered data on UK corporate bonds and loans to see how much more money firms would be required to pay if their debt – which was mostly taken out before The post UK firms face […]

  • Iwoca: SME demand grows for larger loans
    by Hannah Gannage-Stewart on 28th May 2024 at 9:44 am

    The most requested loan amount for small- and medium-sized enterprises at the start of 2024 was more than £100,000, according to three in 10 finance experts. That is 56 per cent higher than the same period last year, according to Iwoca’s first quarter 2024 SME Expert Index. The research, conducted with SME finance brokers who submitted The […]

  • Recovery expected in development finance market this year
    by Kathryn Gaw on 24th May 2024 at 11:20 am

    The development finance market is ex­pected to bounce back this year, property ex­perts have claimed. Following a turbu­lent few years for the construction industry, a number of alternative property lenders now believe that the proper­ty development market is recovering, thanks to stabilising interest rates and lower inflation. Daniel Austin, […]

  • Webinar: Making a positive impact with P2P property lending
    by ACI team on 23rd May 2024 at 12:16 pm

    Alternative Credit Investor is delighted to be hosting an investor webinar, supported by Kuflink, on 13 June at 10.30am. It is not a secret that the UK property market has faced challenges in recent years, amid a high-interest-rate environment, supply chain issues and geo-political headwinds. But peer-to-peer property lenders have stepped up to […]

  • Established managers continue to dominate private debt fundraising
    by Suzie Neuwirth on 23rd May 2024 at 11:28 am

    The most established private credit managers continue to attract the vast majority of funds, according to new research. PitchBook’s first-quarter global private markets fundraising report found that 97.8 per cent of the fundraising over that period went to established managers, and the 10 largest funds attracted almost 75 per cent of the […]

  • Lenders introducing more flexibility to loan docs to beat competition
    by Selin Bucak on 23rd May 2024 at 9:30 am

    The rising competition amongst private debt funds in Europe is impacting lender protections. Although cov-lite lending – a common feature of the larger-cap market – has not become prevalent in the middle market, there has been price erosion as well as an impact on documentation. “A lot of the documentation changes that were made in The post […]

  • P2P lenders dismiss default concerns
    by Kathryn Gaw on 23rd May 2024 at 8:26 am

    Default rates will remain stable throughout 2024, despite concerns about the economy, peer-to-peer lending platforms have predicted. The UK slipped into a recession during the fourth quarter of 2023, sparking concerns that borrowers may be unable to keep up with their payments. However, a number of P2P leaders have said that default rates should […]

  • Maturity wall fears overblown but isolated incidents will occur
    by Selin Bucak on 22nd May 2024 at 3:14 pm

    Concerns about an imminent maturity wall presenting risks to private credit markets are slightly overblown, according to industry insiders. But there are some companies that will face challenges. “This idea of an imminent maturity wall is not something to be very concerned about in the near term,” Bill Cox, global head of corporate, financial […]

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