Twice As NISA - CityAM Helps Spread Crowdfunding Word


Telecom21.10.14

Getting the word out - awareness levels are growing, but there's a way to go

The word is spreading. Crowdfunding, despite its obvious benefits (obvious to us, at least), is relatively little known. Awareness levels show that owners of small businesses and investors generally know little about the simple process of bringing individuals and businesses together - so that the individuals get a better return on savings, and companies can borrow money to grow.

Money&Co.'s CEO Nicola Horlick is doing her bit to spread the word. Our friends at CityAM are helping to do just that, with the publication of a new blog: "Why invest in small company loans?" she asks.

CityAMLogo

"One major reason is that returns on cash are pitifully low as interest rates continue to remain at historically low levels. This evening, there will be £1.4 billion of the nation's money sitting on deposit at banks and building societies. The majority of it will be earning less than 1 per cent as an annual rate of interest. The very best that you can get from a long-term deposit account is 2.6 per cent. By contrast, investors in small-company loans can receive a gross return of around 8 per cent, which reduces to 7 per cent after fees...

"The Chancellor announced in his Budget this year that the government was going to make it possible to hold loans to small private companies in the new Isa (Nisa). A consultation period is ongoing – with a detailed Treasury paper just released - it is hoped it will soon be possible for investors to do this." Details (be warned - it's very dull reading) can be found here.

The NISA – or New ISA if you prefer – investment season is seasonal, with most money invested between January and the end of the tax year in early April. The Treasury is going to have to get its administrative skates on to meet this deadline.

*** See our latest A-rated offering – with an indicative gross yield of over eight per cent here.



FOLLOW MONEY&CO. ON TWITTER

Search news

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More news

2019
SeptemberAugust
July
June
May
April
March
February
January
2018
DecemberNovemberOctoberSeptemberAugust
July
June
May
April
March
February
January
2017
December
November
October
September
August
July
June
May
April
March
February
January
2016
December
November
October
September
August
July
June
May
April
March
February
January
2015
December
November
October
September
August
July
June
May
April
March
February
January
2014
December
November
October
September
August
July
June
MayMarchFebruary

Search blogs

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More from blogs

2019
2018
2017
2016
NovemberOctoberSeptemberAugustJulyJuneMayMarchFebruaryJanuary
2015
DecemberNovemberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary
2014
DecemberNovemberOctoberSeptemberAugustJulyJune



Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.