- NorthWall hires EMEA head of business developmentby Suzie Neuwirth on 1st November 2024 at 11:09 am
NorthWall Capital has appointed Shannon Cody as head of business development for the EMEA region. The London-based credit investment firm said that Cody will focus on strengthening relationships with existing global institutional investors, while expanding the firm’s client base through new partnerships. NorthWall added that she will play a key […]
- Europe may swerve rise in creditor-on-creditor violenceby Selin Bucak on 1st November 2024 at 10:48 am
The smaller size of European leveraged loan markets could protect lenders from being pitted against each other, as so-called creditor-on-creditor violence cases increase in the US. Creditor-on-creditor violence has come under the spotlight over the last year, with lenders being pitted against each other, essentially competing to get a better claim […]
- Private debt fundraising starts to recoverby Kathryn Gaw on 31st October 2024 at 4:13 pm
Private debt fundraising is starting to recover following a weaker start to the year, Preqin has reported. In the data firm’s third quarter update on the private debt market, it revealed that fundraising for private debt was the strongest since the fourth quarter of 2023, with $51bn (£39.63bn) raised. However, Preqin noted that fundraising […]
- AlbaCore hires Goldman Sachs veteran as head of senior direct lendingby Kathryn Gaw on 31st October 2024 at 9:48 am
AlbaCore Capital Group has appointed former Goldman Sachs executive Luke Gillam as partner, head of senior direct lending. Gillam (pictured) has more than 25 years experience in European leveraged and structured finance. He was previously head of EMEA credit capital markets and co-chairman of the credit capital market committee at Goldman Sachs. […]
- Budget: CGT hike on carried interest less than fearedby Suzie Neuwirth on 30th October 2024 at 5:13 pm
An anticipated capital gains tax (CGT) hike on carried interest in today’s Budget was smaller than expected, although further reforms loom on the horizon. The Labour Party outlined its ambitions earlier this year to change the taxation regime for private markets managers’ profits from successful deals, known as carried interest. Currently, […]
- The Housing Marketby Jacob Aboody on 30th October 2024 at 4:53 pm
The UK’s property market can be seen as a key indicator for the economic health of the country. A prolonged housing shortage means that in theory, demand is outpacing supply. However, the Covid pandemic, rising interest rates, the higher cost of living and a lack of wage growth has led to a recent slowdown in The post The Housing Market […]
- How platforms have adapted to a variable interest rate environmentby Jacob Aboody on 30th October 2024 at 4:24 pm
Interest rates have been on a rollercoaster ride in recent years. Covid saw the base rate fall to an all time low of 0.1 per cent1, and these record low rates were held until December 20212, when the Bank of England began to make small quarterly increases as the economy returned to normal working conditions. The post How platforms have adapted to […]
- LandlordInvest closes to new business amid FCA probeby Suzie Neuwirth on 30th October 2024 at 12:19 pm
UK peer-to-peer lending platform LandlordInvest has been told by the regulator to cease onboarding of new business and to instate an interim chief executive. In an email to LandlordInvest employees on 30 October, seen by Alternative Credit Investor, the Financial Conduct Authority (FCA) also had several queries relating to co-founder and chief […]
- Loanpad’s financial performanceby Jacob Aboody on 30th October 2024 at 11:42 am
Loanpad grew its profits again in the year ended 31 December 2023, according to the company’s most recent financial statements. During the 12 months ended 31 December 2023, Loanpad’s net assets grew to £1,183,852, from £725,454 in 2022 with nearly £700,000 of cash. This accords with Loanpad being profitable on a monthly basis since The […]
- FCA chief calls for “proportionate regulatory approach” to private marketsby Suzie Neuwirth on 30th October 2024 at 11:23 am
The chief executive of the UK’s Financial Conduct Authority (FCA) has called for an “enabling and proportionate regulatory approach” to private markets. In a speech at the Investment Association’s annual dinner last night, Nikhil Rathi (pictured) said that private markets present “a real opportunity, particularly for UK investment […]
- UK mortgage approvals hit 25-month highby Suzie Neuwirth on 29th October 2024 at 3:26 pm
UK mortgage approvals hit their highest level in more than two years in September, Bank of England data has shown. Net mortgage approvals, which are an indicator of future borrowing, increased by 700 to 65,600 in September, the highest level since 72,000 in August 2022. Approvals for remortgaging increased by 3,100 to 30,800 in September. Read […]
- Permira Credit sees pick-up in market activityby Suzie Neuwirth on 29th October 2024 at 2:15 pm
European private credit market activity picked up in the third quarter as investors gained more confidence in the economy, Permira Credit research has suggested. The alternative asset manager’s third-quarter update said that a recovery is underway across major advanced European economies, with central banks lowering rates as inflation returns […]
- Investec partners with Ares to offer sub line financingby Suzie Neuwirth on 29th October 2024 at 12:47 pm
Investec Bank has unveiled a funding agreement with Ares Management so it can offer subscription line facilities to its clients. The transaction, which Investec claims to be the first of its kind in the fund solutions market, will enable the team to expand its lending capacity across key markets, comprising the UK, Continental Europe and the The […]
- Taking your business to the next levelby Gareth Mackie on 10th October 2024 at 1:49 pm
Growing your business requires strategic planning, effective execution and a keen understanding of your market. Having sufficient funding in place could help you on your journey. LendingCrowd was created to fund the ambitions of businesses across Britain. We combine cutting-edge technology …Read More The post Taking your business to the next […]
- Loanpad among primary constituents of the 4th Way P2P And Direct Lending Indexby Jacob Aboody on 9th September 2024 at 10:00 am
Loanpad is proud to announce that it is one of the primary constituents of the newly-launched 4th Way P2P And Direct Lending (PADL) Index1. The index covers more than half of the UK’s P2P lending market by current volume, at more than £745m. It allows borrowers and investors to directly compare the performance The post Loanpad among […]
- What can I use a LendingCrowd loan for?by Gareth Mackie on 4th September 2024 at 10:40 am
Even the most successful companies may need a cash injection to reach their full potential – and that’s where a business loan can help. With LendingCrowd, you can use a business loan to refinance existing debt, making your outgoings more manageable. …Read More The post What can I use a LendingCrowd loan for? appeared first on LendingCrowd.
- How would property-backed investments react to a property crash?by Jacob Aboody on 14th August 2024 at 10:21 am
Property lending is as popular as ever in the UK, but no investment option is entirely risk free. In property lending, the key risk is that the value of the underlying property will decline substantially, thus making it harder for investors to recoup their capital if need be. Many investors will remember the early The post How would […]
- The upcoming software upgrade and what it means for the site and its usersby Jacob Aboody on 14th August 2024 at 9:47 am
Loanpad is updating its software. We have taken this decision in order to make the site even more user friendly for our investors, and to ensure that it we are up to date with the latest development standards in the industry. Fintech companies are innovative by nature, and software updates are an important part The post The upcoming software […]
- Loan options for seasonal businessesby Gareth Mackie on 5th June 2024 at 9:00 am
There are many types of business that could be described as seasonal, relying on specific times of the year to generate the bulk of their income. While the likes of ice cream parlours, Christmas decorations retailers and wedding planners may see …Read More The post Loan options for seasonal businesses appeared first on LendingCrowd.
- Compound interest: The 8th wonder of the worldby Jacob Aboody on 3rd June 2024 at 10:45 am
Albert Einstein once described compound interest as the eighth wonder of the world. “He who understands it, earns it … he who doesn’t … pays it,” he famously said. For investors, compound interest represents one of the best ways to build wealth with minimal effort. What is compound interest? Compound interest simply The post […]
- Peer-to-peer lending in 2024by Jacob Aboody on 30th May 2024 at 2:16 pm
The peer-to-peer lending sector has undergone a remarkable evolution over the past 20 years. Since the first UK peer-to-peer lending platform launched in 2005, the sector has been through a rollercoaster of changes, from ISA opportunities and regulatory changes, to a handful of high-profile insolvencies. Today, peer-to-peer lending occupies a […]
- Funding your ambitions with a business loanby Gareth Mackie on 22nd May 2024 at 10:00 am
Small and medium-sized enterprises (SMEs) are the powerhouse of the British economy, making up more than 99% of the business population and accounting for some 61% of all private sector employment. However, the Federation of Small Business has reported that just …Read More The post Funding your ambitions with a business loan appeared first on […]
- Preparing your LendingCrowd loan applicationby Gareth Mackie on 7th May 2024 at 8:16 am
If you have decided to apply for a business loan with LendingCrowd, here’s a quick guide to the process, including our eligibility criteria and the information you’ll need to supply along with your application. Is my business eligible to apply?LendingCrowd can …Read More The post Preparing your LendingCrowd loan application appeared first on […]
- Could your business benefit from refinancing?by Gareth Mackie on 4th April 2024 at 11:14 am
Using a business loan to refinance existing borrowing could help you focus on what you do best – running your business. It’s common for businesses to take on different forms of finance over time to meet varying needs. For example, a …Read More The post Could your business benefit from refinancing? appeared first on LendingCrowd.
- Loanpad’s wind down plans explainedby Jacob Aboody on 28th March 2024 at 9:41 am
In January, the Financial Conduct Authority (FCA) issued a stern warning to peer-to-peer lending platforms: confirm your wind-down plans or risk losing regulatory status. By law, every peer-to-peer lending platform must have a wind-down plan in place in order to be regulated. This rule was introduced following the high-profile failure of P2P […]
- What do the new IFISA rules mean?by Jacob Aboody on 11th March 2024 at 1:38 pm
The Innovative Finance ISA (IFISA) is changing this year. From 5 April, the IFISA tax wrapper will be extended to include long-term asset funds (LTAFs) and open-ended property funds for the first time. Investors will also be able to open multiple IFISAs per year, and partial transfers will be allowed between IFISA providers. So The post What […]
- Kuflink Soars: Doubling Profits and Delivering More in 2024by Kuflink on 16th January 2024 at 12:58 pm
We’re thrilled to announce a record-breaking year for Kuflink, the award-winning financial lender you trust.
- Business loans to fuel your growthby Gareth Mackie on 15th January 2024 at 5:26 pm
When you’re looking to expand your business, for example by launching a new product, moving to larger premises or growing your team, a business loan could help to fund your ambitions. Before making any decisions about borrowing to expand, you’ll have …Read More The post Business loans to fuel your growth appeared first on LendingCrowd.
- Steering your business through cashflow challengesby Gareth Mackie on 29th November 2023 at 10:00 am
Cashflow is the net amount of money moving in and out of your business in terms of income and expenditure. In an ideal world, your cashflow would be positive at all times – in other words, you’d have more money coming …Read More The post Steering your business through cashflow challenges appeared first on LendingCrowd.
- IF-ISA, beginner’s guide to earning £1m Interest Tax-free!by min.binning@kuflink.com (Min Binning) on 9th October 2023 at 12:40 pm
Earn £1m Interest Tax-free, using a simple UK Tax idea.*
- Is Peer to Peer Lending Safe? Coffee with Kuflink’s Head of Collectionsby Nattalie Weeks on 9th October 2023 at 12:40 pm
As Head of Collections for Kuflink, and armed with 30 years of banking experience, I have taken to this department like a duck to water. To get a deal underwritten requires an immense amount of work allowing investors to lend with care.
- Kuflink’s new features for February 2023by Hari Ramamurthy on 9th October 2023 at 12:39 pm
As we close out the year (2022) and welcome a new one (2023), we’re delighted to share some of Kuflink’s new features from our team at Kuflink. Over the past two months, we’ve been working hard to create new features and enhance existing ones to serve our clients better and improve their experience with our products. NEW! New Promotional rates […]
- Why working capital is a must for SMEsby Gareth Mackie on 4th October 2023 at 12:13 pm
Working capital is the lifeblood of a business. It’s defined as current assets minus current liabilities, so it represents the amount of cash available at any given time once the business has paid its bills, such as staff wages and supplier …Read More The post Why working capital is a must for SMEs appeared first on LendingCrowd.
- Could a cashflow loan boost your business?by Gareth Mackie on 24th May 2023 at 3:33 pm
There are many ways in which your business could get a boost by taking out a loan for cashflow purposes. Here are some of the key potential benefits: Improved cashflow: A business loan can help you improve your cashflow by providing your …Read More The post Could a cashflow loan boost your business? appeared first on LendingCrowd.
- What are the best and worst P2P loans right now? #19by Oscar Harrington on 1st May 2023 at 9:57 am
Our pick of the best P2P loans This post is part of a regular series where we highlight what we think are some of the best P2P loans available in … The post What are the best and worst P2P loans right now? #19 appeared first on Explore P2P.
- New lenders are appearing on Lendermarket. Are they solid? Here’s our Lendermarket lender ratingsby Hans Marwitz on 11th February 2023 at 4:37 am
Lendermarket now offers loans from multiple lenders When Lendermarket launched it only offered loans from one loan originator – the Creditstar group. Recently, the site added more lenders to the … The post New lenders are appearing on Lendermarket. Are they solid? Here’s our Lendermarket lender ratings appeared first on Explore P2P.
- Times are tough. Here’s how to manage the risks and find resilient investmentsby Hans Marwitz on 3rd October 2022 at 1:57 pm
European economies face many issues. What are the growing risks for investors? Economic conditions have become much less stable over the last few years. After a long period of stability, … The post Times are tough. Here’s how to manage the risks and find resilient investments appeared first on Explore P2P.
- Mintos is now offering regulated investments. Here are the key changes, and 4 big downsides for investorsby Oscar Harrington on 30th May 2022 at 4:28 pm
Mintos launched regulated ‘notes’ on 25th May Mintos has finally launched its notes program. Notes will be the new way that Mintos structures all new investments from 1 July 2022. … The post Mintos is now offering regulated investments. Here are the key changes, and 4 big downsides for investors appeared first on Explore P2P.
- What are the best and worst P2P loans right now? Special Wartime Edition #18by Oscar Harrington on 12th April 2022 at 7:07 pm
Our pick of the best P2P loans This post is part of a regular series where we highlight what we think are some of the best P2P loans available in … The post What are the best and worst P2P loans right now? Special Wartime Edition #18 appeared first on Explore P2P.
- Russia/Ukraine – which P2P investments are most at risk?by Hans Marwitz on 13th March 2022 at 1:00 pm
The conflict between Russia and Ukraine has created huge financial disruptions that may persist for a long time The Russian invasion of Ukraine has led to considerable death and destruction … The post Russia/Ukraine – which P2P investments are most at risk? appeared first on Explore P2P.
- Who are the best lenders on Peerberry? Our Peerberry lender ratingsby Oscar Harrington on 11th March 2022 at 10:41 am
Last updated 11 March 2022 Important update due to Ukraine / Russia situation Peerberry has two main lending groups that operate on it – Aventus Group and GoFingo. Both companies … The post Who are the best lenders on Peerberry? Our Peerberry lender ratings appeared first on Explore P2P.
- New P2P regulations are coming. Here’s 8 reasons why P2P will become better and saferby Oscar Harrington on 28th February 2022 at 12:22 pm
P2P lending in the EU will no longer be the ‘wild west’ P2P Investing is becoming better regulated within the EU. That is a long overdue and welcome thing from … The post New P2P regulations are coming. Here’s 8 reasons why P2P will become better and safer appeared first on Explore P2P.
- What are the best and worst P2P loans right now? Edition #17by Hans Marwitz on 15th November 2021 at 6:49 pm
Our pick of the best P2P loans This post is part of a regular series where we highlight what we think are some of the best P2P loans available in … The post What are the best and worst P2P loans right now? Edition #17 appeared first on Explore P2P.
- What’s happening in P2P? Here’s why we are keeping our eyes on these 7 sitesby Oscar Harrington on 9th October 2021 at 6:08 pm
You can ignore most P2P ‘news’ Imagine that you are hired by a P2P investment site. Your job is to publish content that is going to grab people’s attention. What … The post What’s happening in P2P? Here’s why we are keeping our eyes on these 7 sites appeared first on Explore P2P.