Compliancy Services Sees IFISA Bringing AltFi Bonanza


Today we carry a piece that will not bring regular readers new news. But we are pleased that our friends at Compliancy Services have written what they have written. The article is a sign of the times – ie, that alternative finance, including crowdfunding and the peer-to-peer (P2P) business lending (a sub-sector of crowdfunding) that we do at Money&Co., is beginning to be understood, noticed and welcomed.

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"The increase in the alternative finance market was intense in 2015. New data from the Liberum AltFi Volume Index shows that lending to businesses from crowdfunding platforms last year totalled £1.26 billion - a 75 per cent increase on 2014. Firms raised a further £333 million from online invoice finance, up 32 per cent on the previous year, as well as £125 million from equity crowdfunding, a rise of 134 per cent compared with 2014.

"With almost 20 providers generating funding for businesses last year, the market is broadening swiftly.

The launch of the Innovative Finance ISA in April is expected to further boost the potential of alternative finance options. For the first time, investors making loans to small businesses via crowdfunding platforms will be able to hold those loans within the tax-free wrapper of an ISA. This is worth more than £15,000 a year and could provide a huge boost."

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At Money&Co. we bring individual lenders together with small and medium-sized enterprises (SMEs) who - often after being turned down for no good reason by the banks - are looking for funding. It's called peer-to-peer (P2P) business lending. Would-be borrowers should click here. Facts and tips about crowdfunding in general are available by reading our knowledge hub, here.

To learn more about getting good returns on capital potential lenders should click here. Remember, when lending your capital is at risk – please read the warnings on our Home, Lend and Frequently Asked Questions pages.

We shall have a new loan on site soon. Meanwhile, check out our Lend page to discover lenders who want to sell on their income streams.



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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.