Hi everyone hope you are all well.
In the U.K. it is the usual quiet subdued month.Very boring.
No activity at present but activity is raring to go.
It is expected that European banks will start in earnest as we approach September to start reducing their assets to reduce their liabilities.
This will need a massive infill by other types of finance to keep the economy going through the next 3 years,to sustain businesses and their activities.
Nonbanklending can start to fill that gap but finance directors have to grasp the steel and realise banks are shrinking and do not want to lend in the way they did.
The banks will try and cherry pick lending business but they will soon find out they cannot all have a large share of the same cake.
Nonbanklending which includes peer to peer and crowdfunding amongst the range of finance available will start to become mainstream as the banks retreat.
And by the way property is getting really heated in the U.K.(overpriced) and rents are getting too expensive to afford.
Happy and successful investing to you all.
www.nonbanklending.co.uk
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