Author Archives: Gareth Mackie

LendingCrowd accredited for Coronavirus Business Interruption Loan Scheme

LendingCrowd, the only fintech lending platform headquartered in Scotland, has been accredited by the British Business Bank as a new lender under the Coronavirus Business Interruption Loan Scheme (CBILS). This means LendingCrowd will be able to distribute UK government-backed loans to …Read More

Helen McKay makes Women in FinTech Powerlist

LendingCrowd is delighted to announce that Helen McKay, our Risk & Compliance Officer, has been recognised in the Innovate Finance Women in FinTech Powerlist 2019. Helen joined LendingCrowd in 2014 as our first employee, in the role of Senior Credit Risk …Read More

Why more businesses are turning to alternative finance

Increasing numbers of businesses are turning to alternative sources of finance to fuel their growth ambitions as bank lending continues to fall. The latest Small Business Finance Markets report from the British Business Bank shows that business lending by marketplace platforms …Read More

Grow your business using alternative finance

Running your own business isn’t for everyone, but for those with the passion and skills to take on the challenge and strike out on their own, it can be a rewarding experience. Being your own boss gives you full control, and …Read More

Weighing up debt versus equity funding

When your business is growing and you’re ready to take it to the next stage, you may need to raise funds to realise your ambitions. Two of the most common sources of external finance are debt funding and equity financing. Read …Read More

We’re one of the UK’s fastest-growing tech companies

LendingCrowd, the only fintech lending platform headquartered in Scotland, has been named among the 50 fastest-growing technology companies in the UK. We are one of only three Scottish companies included in the latest Deloitte UK Technology Fast 50 awards, which are …Read More

Celebrating Scotland’s successful SMEs

LendingCrowd was proud to support the recent Scottish Business Insider SME Awards, which celebrate the success of Scotland’s best-performing small and medium-sized companies. We sponsored the title for Fastest Growing SME300 Company, which was awarded to Glasgow-based Castle Precision Engineering, an …Read More

Funding your business ambitions

Accessing a business loan, whether it’s for growth, stock, office renovations, equipment or even hiring more staff, can often be a daunting prospect. As the House of Commons Treasury Committee said in its SME Finance report last year: “It is naive …Read More

Banks expected to cut business lending

Uncertainty could result in the largest cut to SME lending, by banks, since the financial crisis of 2008, according to the latest Bank of England Credit Conditions Survey. Availability of business loans has remained steady for the past four years but …Read More

LendingCrowd and ICAS sign strategic partnership for business lending

LendingCrowd, the only fintech lending platform headquartered in Scotland, and the Institute of Chartered Accountants of Scotland (ICAS), have signed a strategic partnership that will see LendingCrowd become ICAS’s preferred partner in its Business Loans category. The agreement means that ICAS …Read More