rebuildingsociety.com is supporting the growth of peer-to-peer and peer-to-business lending in Australia with a number of projects that will accelerate the industry’s growth and provide new opportunities for both investors and borrowers in the country.
The launch of peer-to-business marketplace lending provider Marketlend, a platform built by rebuildingsociety’s sister company White Label Crowdfunding, will bolster the burgeoning Australian market and provide investors with even more peer-to-peer lending options.
Marketlend is the first peer to peer lender to secure every loan in a securitized trust protected by an independent trustee, meaning that lenders have a secured note with a trustee, an independent company controlling the assets and all monies.
The coming weeks will see rebuildingsociety.com roll out a joint referral scheme with Marketlend whereby affiliates will earn commissions for referrals between the platforms.
The launch of Marketlend comes hot on the heels of ThinCats’ Australian début, another platform built using rebuildingsociety’s technology.
17th Feb, 2015
Leeds is an ever changing city. In the past few years the emergence of the Trinity shopping centre and the First Direct Arena have changed the landscape in both a physical and business sense. Such changes have thrown up new opportunities, and in some cases created new challenges, for the city’s established business community.
This theme of change was at the heart of the Game Changers event held on 12th February. Hosted by two of Leeds’ up and coming businesses, The Professional and Whitecap Consulting, the event was held at one of Leeds’ most recent additions.
The iconic First Direct Arena was the setting for speeches from some of the region’s business leaders and discussion on what it takes to make a mark in a changing environment. rebuildingsociety was there to hear their experiences, insights and thoughts for the future. (more…)
12th Feb, 2015
We know we’re new. We’re also in a new industry and things are done a little differently to other finance providers.
But we still believe we’ve got a great product that is suitable for businesses of all sizes, sectors and locations across the UK. Here are some of our best features:
1. We’ll listen to you and guide you through the application process. Our business development team (Rick Hyland and Nick Newton) will be on hand to take your calls and emails to keep you posted on progress, while our underwriting and legal team will work hard to get you through the loan preparation and completion stage with minimal fuss. After all, you’ve got a business to run.
2. We’ll be realistic about your progress. If we don’t think we can help you this time round, we’ll tell you ASAP. But we’ll try to point you to places that can help as that’s part of our ethos of building lasting relationships. When we can help you in the future, it would be great to do so.
3. We’ll tell your story. When you’re looking to tell potential investors about your company history to help them gauge whether to lend to you, we’re on hand to write features about the business to get your character across. Similarly, when it finishes and you’ve got a good news story about securing a loan for growth, we’ll help you write that and distribute it.
12th Feb, 2015
As we reach 100 completed loans, we’re starting to notice more applications from businesses looking to grow through refinancing.
This is usually a result of one or a combination of these factors:
1. Companies have multiple loans or facilities and want to consolidate them for the ease of managing one repayment and to potentially save money on repayments.
2. Existing loans are coming to an end and they want to borrow more to kick-start another period of growth.
3. An existing relationship with a finance provider doesn’t align with the needs of the business. For example, refusing to lend a larger amount or demanding early repayment of a loan.
Some businesses that have successfully refinanced through us recently include Crystal Kitchens, Huyton Heat Treatments and Mercia College.
All three had taken a loans with rebuildingsociety, reapplied for a larger amount and walked away with a larger loan and a lower rate than their previous loan.
11th Feb, 2015
With half term on the horizon, Tamar Adventures Limited will re-open their ‘Tree Surfing’ course this Saturday for the 2015 season. Director Kate Blake is ready for the increase in activity for both customers and business alike, so she’s applying for a loan through the rebuildingsociety marketplace.
Operating as a tourist and outdoor adventure destination in Devon, Tamar Adventures provide family days out and outdoor activities such as high rope ‘Tree Surfing’, canoe and kayak trips and mountain biking. During the winter months they run outdoor leaders’ courses to train others in the various skills needed for the summer season ahead
May 2014 saw families descend on the Tamar Valley to learn, relax and enjoy a range of outdoor activities as part of the Tamar Trails festival. Kate describes the Tamar Trails Centre as being the ‘centrepiece’ of the festival and it is clear such events have driven the family activity orientated direction of the company, giving Kate much to be optimistic about going into 2015.
This year, Tamar Adventures Limited have turned to asset investment to increase the amount of people pursuing their activities. Replacement and renewal of items in their current course and the creation of a junior ‘Tree Surfing’ course will be supported by new marketing strategies to boost the sale of tickets. (more…)
11th Feb, 2015
We’re an online business, but we still have people doing the jobs that matter most – like talking to the businesses that want to grow using our services.
When you call in at our office or ring 0113 8150 244, these are the people that pick up your call. We pride ourselves on a customer service that exceeds that provided by our competitors and go the extra mile to make sure your rebuildingsociety experience stays with you.
Rick Hyland is Business Development Manager. Rick is responsible for identifying new borrowers and nurturing their journey through application, acting as their point of reference. He also runs a theatre school franchise with his wife, so he knows and understands the complexities of running a business. (more…)
06th Feb, 2015
With the election drawing ever closer, David Cameron and George Osborne visited Leeds yesterday to discuss their vision of a ‘northern powerhouse.’ Our own MD Daniel Rajkumar joined the Institute of Directors to hear his speech.
Addressing business leaders from the region, the Prime Minister and Chancellor spoke about their ambitions for Yorkshire and their plans to create 100,000 new jobs.They stressed the importance of closing the North and South divide and the need to sustain the region’s current growth. Mr Cameron spoke of achieving this through improving transport along with the backing of science, tech start-ups and creative industries in the area.
03rd Feb, 2015
As news came through yesterday of LendInvest’s intention to debut on the London Stock Exchange later this year, we thought we would take a look at what might happen this year to our growing industry.
Will LendInvest be the only platform to float?
Probably not. Before the news broke, you might have favoured Q3 or Q4 for news like this, but the move is sure to get other platforms thinking about other ways to raise finance for their growth. Hot on the heels of Lending Club’s IPO in the States, it is a sign of the market moving mainstream and investors feeling increasingly confident in the stability of the asset class. If the float is successful, it automatically raises the value and the profile of the industry too.
29th Jan, 2015
During a busy start to the year, our total cash advanced passed the £5m milestone. This makes us the 6th largest peer-to-business lender in the UK, when excluding property development lending.
We’re also approaching 100 completed loans, which will result in some press coverage. To everyone that has borrowed, lent, referred or just said nice things about us, thanks!
We’re working hard to bring more suitable loans to the Marketplace!
For all the latest lending statistics, visit our stats page
29th Jan, 2015
We’re back at the AltFi Europe Summit on the 23rd of February and if last year is anything to go by, the event will be bigger with more investors, journalists and commentators than before. We want to invite our investors to meet us in person and to get a flavour for the huge growth happening in this sector, so here is how AltFi is promoting their event:
At AltFi.com we believe that 2015 will prove to be a crucial year for the alternative finance space – and the AltFi Europe Summit will explore in detail what change is needed and how the key platforms need to react in order to accelerate growth in the next 24 months.
The All Day event will be targeted at senior industry leaders, as well as investors looking to explore this new asset class. Amongst the topics under discussion, we’ll focus on how five key building blocks will be put in place which help to accelerate growth in 2015 and beyond: (more…)