Archives for: March 2013

ReBuildingSociety on CrowdCube

March 31st, 2013
ReBuildingSociety, one of the new peer-to-business lenders has itself turned to crowd-funding in order to grow its business. Here is the email send by ReBuildingSociety on Easter Sunday: We’re excited to announce that we’ll be sponsoring a crowdfund… more »

The Lending Well withdraws from payday market

March 30th, 2013
The Lending Well
The Lending Well has announced it has widthdrawn from the payday loan market.  They attribute this decision to the difficulty in finding "high quality" borrowers within this market.  The total interest on a payday loan as a percentage of the capital len… more »

Government lending through Funding Circle

March 25th, 2013
Funding Circle
Funding Circle have announced that the UK government have started to lend through Funding Circle as of today. Here is their full statement, repeated on the Funding Circle forum: Today, we’re pleased to confirm that the process with the Department fo… more »

More councils to lend on Funding Circle ?

March 25th, 2013
Funding Circle
The P2P money website picked up on a tweet from that Camden Council and 10 others and are to fund small and medium enterprises through Funding Circle.  It was back in November 2012 when the P2P money website reported that Lancashire C… more »

New entrants in the P2P market

March 20th, 2013
The first quarter of 2013 has brought no less than four new entrants to the P2P market, and there are at least two more companies preparing to launch.  These new entrants are Mayfair Bridging who specialise in bridging loans, Folk2Folk who specialise in… more »