rebuildingsociety community

on the rebuildingsociety.com blog

31st Jul, 2018

Transparency Matters

Peer-to business lending started out with the ambition to be better than the banks, by being more open and transparent, more ethical, more dynamic and better for businesses and lenders alike. Since the early days of the industry, we’ve seen platforms come and go and there have been many changes to the way in which platforms operate.

Many platforms started off as marketplace lenders, arguably the most transparent of the P2P models, but over time many platforms have changed their models, today few platforms still offer real marketplace lending, and even fewer offer the level of transparency on which the industry built its foundations.

(more…)


21st Sep, 2016

How do we Evaluate Loan Applications? Our Lead Underwriter Explains

luminosAt rebuildingsociety.com, we carefully assess the viability of every loan application that comes our way. To learn more about this process and understand what makes a business the best fit for our community, we’ve interviewed Philip, our lead underwriter and part of our underwriting and credit risk team, so he can answer some frequently asked questions.
(more…)


20th Apr, 2016

Leeds Welcomes Chinese Crowdfunding Delegation from Guiyang

It was with pleasure and excitement that I accepted Joanne Lavan’s invitation to present to her Chinese delegation from Guiyang earlier this month.

I’ve been fortunate enough to enjoy a few international trade missions, thanks mainly to my past work with Web-Translations, so I know the value of these types of exchanges.

Crowdfunding is in its infancy in China, so many are keen to learn from more mature markets, including the challenges we face and how we plan to overcome them. As one of the early P2P lending platforms, rebuildingsociety has seen a few ups and downs. During a meeting with the delegation, Kylie presented the role the regulator played in consulting with industry and shared examples of our responses to the consultation papers, which were ultimately used to help shape the compliance requirements of our new industry.
(more…)


29th Mar, 2016

Elite Training is aiming for the next level

Elite Training Assessing & Development provides teachers with training and qualifications on a flexible schedule. This company has brought first-rate training to future teachers in Wigan and Manchester. With a £50,000 loan from the rebuildingsociety community, Elite hopes to improve cashflow to hire additional staff and soon move to new premises. (more…)


18th Mar, 2016

Creative Building Maintenance is Growing — and They Need Your Help!

In more than two decades working in the office fit-out industry, Antony Neilson noticed a trend: clients would have to work with numerous contractors to get their entire office designed, outfitted and ready to go.

So in 2013 he created Creative Construction Group to be a one stop shop for businesses seeking new or renovated office space. Creative does everything from design the space, find the chairs and install the electricity. Today, listed as Creative Building Maintenance, the company seeks a loan of £70,000 in order to improve their cashflow, refinance existing debt, and invest in marketing.

A One-Stop Shop

Neilson strives to make it easy for companies to get their entire project off the ground with one contract.

“For 25 years, I’ve worked for the office fit-out type companies and building companies, and I put that all under one roof. That enables us to build a building, fit it out, and give the keys back to the client at the end. The majority of our trades are in house staff as opposed to sub-contractors. We do it all.”

This means more efficient schedules, better prices and happier, less-stressed clients.

The company aims to grow further and take on more facilities management work, which would mean consistent cashflow from longterm contracts. That’s one reason Creative needs a more robust marketing strategy so they can attract clients to this new aspect of the business.

A Solid Business Base

Creative is offering a personal guarantee with personal guarantee insurance as well as an all assets debenture to secure this loan. And, Neilson says he hopes the company’s strong financial prospects will help lenders feel safe in pursuing the opportunity.

“We’re looking to report our best year yet at the end of July from an accounts point of view. We have a good, solid business base. Along side that, I have the personal expertise of 25 years. I’ve personally said I would guarantee the loan as well. I’m willing to put my neck on the line to get to where I need to get to.”

And they’re headed, in part, to increased turnover that will strengthen the business overall. Neilson has a strategy to £1.8 million this year, £5 million by 2018, and £12 million by 2020.

Learn more about this loan opportunity on the application and discussion.


11th Mar, 2016

Fintech North Spotlights Alternative Finance in North England

Mark your calendars for the 27th of April for an event that highlights the bursting alternative finance sector in the north of England.

Fintech North will be a packed day of events and speakers so alternative finance experts and rookies can learn, share their stories and network.

Rebuildingsociety and White Label Crowdfunding are organizing Fintech North as part of the Leeds Digital Festival. Featured speakers will include rebuildingsociety Managing Director Daniel Rajkumar and Tom Cheesewright, who created the Applied Futurist’s Toolkit. The day of programming will also include an innovation showcase chaired by Disrupts Magazine & The FinTech Times.

This event is one of the showcase events of the Leeds Digital Festival, which further highlights the prestige of p2p lending and crowdfunding in the digital and alternative marketplaces. We look forward to bringing the best minds in our industry together for this occasion, and we hope to see you there.

You can register for this free event and get more details here.

Agenda
09:00 – Registration, breakfast buffet & networking
10:00 – Opening address & 3 keynote presentations
12:00 – Q&A Panel
13:00 – Networking lunch
14:00 – Innovation Showcase – chaired by Disrupts Magazine & The FinTech Times
15.00 – Break
16:30 – End Keynote
17:00 – Drinks reception

Location: A Q L – 11-15 Hunslet Road, Leeds LS10 1JQ, United Kingdom


10th Mar, 2016

Your Loan Updates Are Now More Streamlined and Accessible

You asked, and we listened. We’ve rolled out new features that make it easy for you to get updates about loans you’re active on via your dashboard and throughout the site.

This is part of a broader strategy to improve the updates and communications our lenders receive about loans pre-completion, post-completion, and on the unfortunate occasion that they fall into arrears. This new feature will improve access to updates on loans you have bid on as well as completion and repayment information.

Information about the status of loans you’ve participated in is now available right on your user dashboard through the Loan Updates Tab, making it easy to see when there’s new activity on a loan that you should know about – including info on how we’re recovering any late payments:

You can also see these Updates on individual loan profiles under a separate Loan Updates tab – making it easier for you to distinguish between in-depth discussions and vital information pertaining to a loan’s progress:

We’re delighted to bring these improvements to your lender experience, and – as always – if you have any feedback, please email support@rebuildingsociety.com


02nd Mar, 2016

Learning Spaces Brings Innovation Back to Classrooms

The consultants at Learning Spaces provide innovative education design solutions to private and state schools in the UK focusing particularly on IT learning centres and libraries to help advance literacy and educational achievement. Director of Design Services Sam Stevens is enthusiastic about exciting opportunities in marrying of education and design, and with the help of rebuildingsociety he hopes to bring that vision to more schools in 2016.

A moment of inspiration

Stevens has always been passionate about art and design, but after university he went into tech sales. When he was installing a new suite of PCs in a school’s drab classroom space, he was struck by an idea. He offered to design and commission desks and other design elements that would enhance the educational effectiveness of the space. A passion for education design was born, and after trying some ideas for another firm, he started his own project.

“We strive really to bring the very best out of teaching and learning across the UK. There are certain aspects of teaching that are failing because kids are bored. We bring ‘the wow factor’ to the projects we do.”

Whether it’s installing new desks and chairs or designing an entire wing of a school, Learning Spaces does it all. They do workshops with kids, teachers and administrators to generate ideas for the spaces they create.

“But we always include some wild and wonderful things the schools hadn’t considered themselves.”

Financing growth

With a successful application for £50,000 from the rebuildingsociety community, Learning Spaces will pursue a few different goals, including refinancing existing debt, attending a trade show that consistently brings in new clients, and purchase much needed equipment. A broker at Fasttrack Finance brought Learning Spaces to rebuildingsociety, and it is Stevens’s first experience with peer-to-peer lending.

Stevens hopes to inspire confidence in potential rebuildingsociety lenders when they learn about the longterm success of his business and his ongoing strategy for growth.

Learning Spaces “has a solid business model with a Public client base which ensures no issues with bad debts. The company will generate in excess of £550,000 in revenue with £100,000 in net profit in the forthcoming year alone and is therefore a safe and secure business.”

Learn more about this business in its application and discussion board.


26th Feb, 2016

Concept Automotive is in the Fast Lane to Growth

Popular automotive leasing company Concept has come to rebuildingsociety.com to pursue its next round of growth and improvements.

Paul Bulloch launched this venture 12 years ago because he was ready to step out on his own after many years as a businessman. As his business continues to grow, he proves the automotive industry is in his blood.
(more…)


22nd Feb, 2016

A Bold Plan to Purchase a Beloved Pub

With decades of commercial experience under his belt, Aidan Jewitt has set his sites on a new venture.

With the help of the rebuildingsociety.com community, Jewitt aims to raise £100,000 to purchase beloved destination pub The Gray Ox the loan and make improvements to the property.
(more…)


Thank you
Your Bid's been
Placed...
iJr/wxVFQTOM5jn615ZUUYvhzAbLnOkhpupFfzj4qbw=