As the world of alternative finance matures, its associated media coverage and the performance monitoring becomes more sophisticated. There are already a number of cmparison sites of varying degrees of efficiency and clarity looking at our sub-sector – peer-to-peer (P2P) business lending.
Our friends at Crowdfundinsider bring us news of another entrant into the monitoring and reporting market. The brief excerpt from the article below (available in full here) chronicles the imminent arrival of Expedia in financial services, and asks what impact the mainstream comparison site might make in the sector.
“Is there an easy read-across for other industries? Why spend time trawling through a host of suppliers online, or in person, when you can get a comprehensive overview of all options, delivered with just a few clicks, and much more cost effectively.
What about banking, especially lending? Long criticised for lagging behind when it comes to transparency and providing access to clear and comparable information. Comparison sites would seem the perfect solution.”
As we write this article, our latest B-rated, property backed 12-month loan offering is 28 per cent subscribed. The gross yield is fixed at 10 per cent.
Money&Co. brings individuals looking to get good return on capital with carefully vetted small businesses seeking funds to grow. We run our loan book conservatively, and have no defaults in over three years of facilitating loans. In addition to new loan offerings, our secondary loan market, offering existing loans for sale by lenders, is available to registered Money&Co. users.
All loans can be held, tax-free, in an Innovative Finance Individual Savings Account, or Innovative Finance ISA.
Risk: Security, Access, Yield
Do consider not just the return, but the security and the ease of access to your investment. We write regularly about these three key factors. Here’s an earlier article on security, access and yield.
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. Capital is at risk, once loaned.
“Is there an easy read-across for other industries? Why spend time trawling through a host of suppliers online, or in person, when you can get a comprehensive overview of all options, delivered with just a few clicks, and much more cost effectively.
“What about banking, especially lending? Long criticised for lagging behind when it comes to transparency and providing access to clear and comparable information. Comparison sites would seem the perfect solution.”
As we write this article, ou latest B-rated, property backed 12-month loan offering is 28 per cent subscribed. The gross yield is fixed at 10 per cent.