Welcome to our monthly peer-to-peer lending news roundup where we feature interesting articles from across the industry. If you would like to be featured in our roundup of alternative finance news please get in touch.
Here’s what’s been happening in the world of alternative finance this month:
AltFi News – FSCS to encompass peer-to-peer lending?
Investors who receive “unsuitable advice” about investing in P2P lending and loan-based crowdfunding are currently not covered by the Financial Services Compensation Scheme (FSCS), but the FSCS has suggested this may change.
SME Insider – Late payments reach two-year high
Overdue payments peaked in the fourth quarter of 2015, with the construction sector reporting the most payment delays.
Smallbusiness.co.uk – Companies using personal funds to meet business goals
Some small businesses relied on personal accounts, overdrafts, and even their own families for financial support last year, despite 30% of owners citing cash flow as their biggest worry.
Banks are planning to increase lending to consumers, particularly through mortgages, while keeping business lending stable.
LendingCrowd April news:
This month we posted five blogs for businesses, sharing tips from our Credit Team on applying for a loan and comparing invoice finance options to P2P lending.
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