Category Archives: Borrowers

Why working capital is a must for SMEs

Working capital is the lifeblood of a business. It’s defined as current assets minus current liabilities, so represents the amount of cash available to the business at any given time once it meets its liabilities, for example staff wages and supplier …Read More

How we make our lending decisions

At LendingCrowd, affordability is at the heart of every lending decision. We assess each application on a case-by-case basis and we focus on the ability of a business to repay its loan. We also look for proven management skills, a strong …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

Evolution of the marketplace lending sector

Charles Darwin may not have coined the term “survival of the fittest” – we owe philosopher Herbert Spencer for that – but the father of evolutionary theory embraced the phrase and eventually introduced it to the fifth edition of his groundbreaking …Read More

The growth of marketplace business lending

Business loan statistics continue to demonstrate the growing maturity of the UK marketplace business lending sector as a funding option for SMEs. In its infancy, back in 2011, only £21 million of business loans were provided by marketplace – or peer-to-peer …Read More

The benefits of using alternative finance

Small and medium-sized businesses are the powerhouse of the British economy, making up more than 99% of the business population and accounting for some 60% of all private sector employment. The business loans market is dominated by a handful of large …Read More

Funding business growth

Chris Mitchell, Senior Business Development Manager at LendingCrowd, was invited to participate in a Scottish Enterprise event in Dundee yesterday to examine the various funding options available to small and medium-sized businesses. Accessing finance remains a challenge for many businesses. At …Read More

Pickering’s Gin: A Borrower Story

LendingCrowd completed a debt financing round for the producer of Pickering’s Gin, Summerhall Distillery, raising £500,000 for the award-winning Scottish spirits brand. The funding round was used by Summerhall Distillery, Edinburgh’s first exclusive gin distillery in 150 years, to expand facilities …Read More