Today we look at a welcome move on the equity side of the crowdfunding fence. The Enterprise Investment Scheme Association (EISA) has relaunched its EIS Diploma in a bid to attract more independent financial advisers to recommend the alternative investment, reports Citywire.
"EISA is a trade body that represents the people connected to the Enterprise Investment Scheme (EIS), which is a tax-efficient way to lend to SMEs. Members of EISA include advisers, fund managers and wealth managers.
In 2014, EISA created the diploma to help IFAs navigate EIS and to date 300 people have gained the accreditation. Now the body has relaunched the diploma, which has been updated in accordance with new regulation and also includes a section on how EIS can be applied to financial planning."
Increasing awareness and raising professional standards can only be good for investors and advisers across the whole range of alternative finance. At Money&Co., we facilitate loans to relatively mature borrowers (the average age of SMEs is over 12 years) and the risks of debt investment versus equity investment are explained on site. Below we run an excerpt from our Knowledge Hub.
Money&Co. is in the P2P business-lending sub-sector of crowdfunding, and is part of the fast-growing trend in crowdfunding loans.