borrow from people, not banks
DESCRIPTION
connecting private lenders with business borrowersTRANSCRIPT
Connecting private lenders with business borrowers
Online Network of Lenders
• Businesses cannot get money
• High net worth individuals don’t know where to put it
• So…
Borrow from people, not banks
• Match with trading businesses
• Companies can support their loans
• You decide the interest rate
The rules of lending…
Criteria
Identity
Serviceability
What the banks are (not) doing
Hoarding Cash
• £37 billion in handouts from the taxpayer
• Repair balance sheet
• minimum liquidity
Suffering Sectors
Suffering Services
Other Options for Borrowing
Grants
Venture Capital
Business Angels
Deliver £800 million a year to small businesses
Why do Angels Invest?Want to put something back…
Tax breaks
Private lenders v Investors
• Startup failure rate
• No need to be involved in the company
• Income stream from day one
Trading businessTrading businesses…
…that can support a loan
• Working capital need• No need to give up equity• Superior rate for the lender• Keep at arm’s length
• Licensed credit broker• Work with business angels• Carnage in the broking community• Opportunities for high net worth lenders
Who are we?
Benefits
Top-up funding
…if the bank loan isn’t enough
Down to Business
• Qualify lenders
• Qualify borrowers
• Optimise proposals
• Match lenders with borrowers
• We want lenders to return
Business Plan – 4Ms
The market
The Model
The Management
The Money
“conservative sales estimates”
