Hello everyone I hope you are all well.
I see reports in America that crowd funding and peer to peer is really beginning to attract the professional money investors.That is good as it all needs substance pretty fast to develop as it needs.
In the U.K. we are a bit behind you as always we seem to be cautious as things go. This will change I am sure and soon as we need another substantial form of finance for business projects and investments as the banks in the U.K. seem to be chasing mortgages and dropping business finance by large amounts.
It is the business and the growth of business that employ people,who have families to keep and bills to pay.I sometime wonder how many businesses at the base of finance actually look long term or just the here and now.
The new way of raising finance in the U.K. needs to be established and grow to fill the gap the banks ,I am certain will leave open.
Non bank lending will fill that gap as I am sure.Banks started in a similar way centuries ago so being written off by some financiers and bankers as a flash in a pan is well short of reality.
Happy and successful investing to you all.
