The breakfast events have gone very well - more are planned for the autumn
It was a case of standing room only at Money&Co.'s latest lender breakfast at our Bruton Place offices this week. Lenders' very welcome interest in meeting the Money&Co. team created pressure on space in our compact downstairs meeting rooms.
The debate over coffee and croissants was wide-ranging and engaging. Our credit-analysis, marketing and content and communications experts were on hand to field lenders' questions.
Senior credit analyst, Chris Lake, explained our selection and grading model in detail. We believe we are among the most conservative in the loan-based crowdfunding market. Chris argued that a company with, say, a B rating from Money&Co. might be awarded a B+ rating from some of the senior players among our competition.
The enthusiasm of lenders was such that we have already received a substantial injection of potential loan funds.
We will be holding another series of lender breakfasts, beginning in September. Dates to be announced soon.
Money&Co.'s CEO, Nicola Horlick, is the ghostly presence on the wall in our picture. Nicola could not be physically present for personal reasons, but took part in the discussion via Skype.