Phew! The results are more or less in... As the great American satirist PJ O'Rourke wrote (the title of his latest tome)... How The Hell Did This Happen?
So it's time, amid the political furore of what may be just the UK's first UK General Election this year, to go back to basics. Business will continue. Small businesses will continue to be failed by the banks, and at Money&Co., we will continue to bring lenders looking for good returns on capital together with carefully vetted businesses seeking funds to grow.
Here's a reminder of what it's all about: some basic pointers for would-be lenders. There's more on site, here.
P2P Loan Performance & News
There are now two new loans ready and waiting to go, along with much interest from new would-be lenders.
Money&Co lenders have achieved returns of almost 9 per cent - before deduction of our one per cent fee - in the three years and nearly £10 million of loans facilitated on our platform. We currently have two fast-filling P2P loan offers on site - both fixed at 8 per cent yield. Webuyanyhome is A+ and property-backed. Mar-Key is A-rated. Further detail is available to registered Money&Co. users. Money&Co. loans can be held, tax-free, in an Innovative Finance Individual Savings Account, or Innovative Finance ISA.
If you haven't made a loan via Money&Co. before, please read the risk warnings and the FAQ section. You may also wish to consult a financial adviser before making an investment.