Source : North East Access to Finance (EU supported) & own edits Small businesses struggling to access credit are to be given a welcome boost with £110 million of new funding, Vince Cable announced today. The Business Secretary pledged £55 million of Government funding – through the Business Finance Partnership scheme – to peer to peer lenders and other finance suppliers. (more…)
Read more!! Disclaimer : Loud music after 30 sec. !! For those who only believe in what they see… This video is showing what happens when 620,000 lenders fund 615,000 entrepreneurs, students, and other microfinance borrowers around the world. Intercontinental Ballistic Microfinance from Kiva on Vimeo. As a reminder, Online microfinance is part of the broader trend of peer-to-peer lending. Loans (more…)
Read morePRESS RELEASE – London, 15th August 2011 – Today sees the launch of the ‘Peer-to-Peer Finance Association’, a new UK trade body set up primarily to ensure this innovative and rapidly growing sector maintains high minimum standards of protection for consumers and small business customers, as it brings much-needed new competition and innovation to the banking market. In Britain this (more…)
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