New Partnership to Open Up Property Lending Product

Property-based Loans

Up-and-coming peer-to-business lending platform FundingKnight is expanding its range of products – moving into the sector’s hottest space.

FundingKnight has partnered up with Alternative Bridging Corporation (ABC) in order to provide short-term first and second charge loans for its users. Those loans will range from £100,000 to £500,000 in size. The partnership will allow the FundingKnight platform to take advantage of ABC’s unique depth of knowledge and experience within the property finance space. ABC will layer its ability of assess, secure and manage bridging loans from drawdown to repayment on top of the standard ...

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Game-Changer in the Property Crowdfunding Space?

Property-based Loans

A newly launched equity crowdfunding platform – Property Moose – will allow individuals to invest in real estate for as little as £500.

As seems to be the case with an increasing number of platforms, Property Moose raised money via Crowdcube earlier this year. The new equity platform smashed a £60,000 target with 104 investors uniting to raise £169,010 for 16.9% equity in just 11 days. The largest individual portion of that amount was a £50,000 contribution.

Property Moose operates within the FCA's new crowdfunding rules and already has its first few properties listed online. The platform claims to simplify the...

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