We have recently made some minor amends to our terms and conditions. The first two changes relate to contact details as we may need to contact members from time to time. Another change has been instigated to protect lenders from borrowers delaying their decision to accept their loan offer. (more…)
Nick Moules asks whether the Funding for Lending Scheme is a foundation for growth or the country backing a market it can’t possibly keep up with.
There is a tendency for the good times to be referred to as “normal” by business journalists – consumer spending habits in the years preceding the credit crunch were unprecedented, yet are regarded as a realistic benchmark to return to (“getting back to normal”). Society appears incapable of accepting a boom for what it is, rather we’re in a plateau, but returning to the boom level would be normal – as everything must inherently keep rising…
PRESS RELEASE ISSUED 06/06/2013
Brokers are now able to run their own peer-to-business lending platforms, thanks for a new set of white-labelled services provided by rebuildingsociety.com.
The platform has developed a number of options, from a branded introducer, which is a branded portal to capture applications and promotes the broker’s involvement in the industry, to a full, independent platform that a business manages on its own terms.
One in four (26%) people in the UK (or up to 12 million) would consider loaning money to UK SMEs by joining a peer-to-peer lending scheme (“P2P”) in 2014 when the sector will be fully regulated by the Financial Conduct Authority (“FCA”). This is according to a new study by rebuildingsociety, a peer-to-business lending website that connects SME borrowers with lenders looking for better returns than those offered by savings accounts.