Downton Abbey’s lawn furniture and 7 other top peer-to-peer lending industry news articles
We started highlighting peer-to-peer lending industry articles in August to draw attention to the large amount of coverage out there on the topic. September is no different with a bumper month for peer-to-peer lending news coverage. Here are our favourite articles:
No news here from Real Business but what is interesting is that ‘only’ 37% of small businesses knew about peer-to-peer lending. This number has certainly increased over the last year.
If you’re a fan of the lawn furniture on Downton Abbey, and let’s be honest who isn’t, then you’ll be as excited as us to know that Funding Circle investors helped the company that created them with a £75,000 loan to continue growing. As reported by the Telegraph.
Ever wondered how much money small and medium businesses are borrowing in the UK? Turns out it’s a col £100bn according to this infographic by our friends over at The Funding Store.
The Peer-to-Peer Finance Association (of which, we were founding members) is growing with the addition of LendInvest and Thincats, although they were not mentioned in this article.
The Sunday Times speaks to Dessi Bell about how she uses invoice financing and peer-to-peer lending to help her sportswear business Zaggora overcome cash flow issues, no banks required. Well done you Dessi!
So even Kevin McCloud from Grand Designs is raising money via crowdfunding these days. He’s raised £1.4 million for his housing firm. The article also provides a decent explanation on the difference between crowdfunding and peer-to-peer lending.
Reuters features this well-balanced piece on the rapid growth of the peer-to-peer lending industry and why it needs to be regulated, a sentiment we wholeheartedly agree with.
This article by The Express pretty much does what it says on the tin, although it took me longer than five minutes to complete. Maybe I’m a slower than average reader.