Alternative Finance - p2p Lending

Thursday, 01 December 2016
12:30 pm – 1:30 pm (UK time)

Industry Expert: Kevin Caley, MBA, Founder and Chairman of ThinCats

Venue: The Bradford Club, Piece Hall Yard, Bradford, BD1 1PJ

Time: Refreshments at 12.00pm for 12.30pm start (1.30pm finish)

Who Should Attend

Anyone interested in investments capable of generating significant risk-adjusted returns or funding businesses with secured loans. Anyone seeking ways of raising commercial funding for SMEs, charities or community interest companies. This is particularly relevant to IFA's and those advising businesses on fund raising.

Why You Should Attend

At a time when base rates have been at record low levels for over seven years and look likely to stay that way for several more you and your clients will be having trouble achieving inflation-beating returns. The alternative finance market provides opportunities to earn fixed interest rates between 5% and 12% after allowing for losses. In addition, this can be tax free income if made through one of the new Innovative Finance ISAs. This all sounds too good to be true! So what are the problems and the risks?

Learning objectives

By the end of this session, you will be able to understand:

  • The difference between equity crowd funding and peer to peer lending
  • why p2p lending is a new asset class,
  • the range of different p2p platforms and their relative merits
  • Kevin's new initiative Community Chest which provides 30% tax relief on p2p loans.

Speaker biography

Kevin began his career as an engineer in the midlands car industry and used his MBA to get into early stage venture capital. In 31 years he was responsible for over 400 investments seeking to change the way that small businesses were financed. A conversation with a business angel investor in November 2009 about the problems facing investors seeking a decent return on savings and the funding problems faced by SMEs caused by the banking crisis led to establishing the world's first peer to peer platform specialising in secured business loans "ThinCats". 6 years later Kevin has just launched www.communitychest.co.uk which brings tax relief on loans to social businesses; 'peer to peer lending for good'.

Book Now contact David Codling at david.codling@riig.co.uk or 07772 483302.

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CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.