Good News From The Crowd, But Never Forget Risk

Container Yard and Crane, Seattle

We have good news, but we must be careful about how we share it with you. There has been another surge of interest in the latest loan offering on the Money&Co. site.

A soft-furnishings manufacturer with a B-rated loan and a gross indicative yield of over 10 per cent at the time of writing attracted some £25,000 in bids in the last day, and stands at 72 per cent of its funding target. The average gross yield achieved by Money&Co. lenders is over 8.8 per cent.


But it’s very important that we point out that lending to our companies – carefully vetted as they are – carries risk. We take a legal charge on the assets of the companies and would step in to protect our lenders in the event of a borrower’s defaulting on a loan. But before committing capital, please see the risk warnings on site, and in our Frequently Asked Questions. It’s also a good idea to take independent advice from an accountant or solicitor.

Please see this video, which explains more about lending on the Money&Co. site.

We have questions for you. Are we being clear? Are we being transparent in our dealings? How can we explain ourselves better (there’s always a better way)? The Financial Conduct Authority (FCA) has recently produced a guide on how to use social media – website, Twitter, etc. Alt Fi covered the FCA move this way.

“The FCA covered all angles in assessing the appropriateness of social media as a means of financial promotion. As the regulator itself noted, all forms of media have their constraints when it comes to promotion – and social media channels are no different. It is crucial, however, that firms are cognizant of those restraints – and that the appropriateness of every social media post that promotes a complex financial instrument has been thoroughly considered by the firm responsible.” 

The FCA document can be found here.


So – are we explaining the risks of lending properly and fairly? Please use the contact form to let us know. Your comments will be taken seriously. Thanks in advance for taking the trouble.


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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.