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Peer to peer lending, » Money & Co

Money & Co

Money & Co

Money & Co is a peer to peer lending platform that offers flexible business loans from £50k up to £3m for working capital. They connect SME businesses that are looking for a loan with lenders who are looking to maximise returns on their capital. 

This platform uses a loan bidding system, where the lender can bid from £10 per loan until the auction closes.  Thus giving the lender the opportunity to spread their risk over multiple loans.  Once the auction closes funds will be distributed on a monthly bases to the lenders. They also have an auto lend function which will automatically spread the invested monies across a range of borrowers.

Payments are made monthly and consist of both capital and interest payments.  Interest is calculated daily on a reducing capital balance. Money & Co charge a 1% servicing fee to the borrower, this is taken as the repayments come in, therefore the platform takes the same risk as the lender if the loan defaults.

How do Money & Co manage risk?

A debenture charge is taken over the borrowing company’s assets and not a personal guarantee.  A debenture is a way of asserting a claim over assets if things go wrong.

All the borrower's finances are checked and given a credit rating by Money & Co this then will determine the risk and rate set for that opportunity.

Secondary Market

The platform operates a secondary market where loans or loan parts can be sold.  A fee of 0.25% applies to all sales.  There is no guarantee that the lender will be able to sell their loan and is dependent on another investor purchasing the loan or loan part

Money & Co Products and Investment

    Choose from a selection of loans and bid from £10 with a minimum deposit of £100 into your account.

    term: 12 - 60 months min. investment: £10 return: up to 6.00%*
    * provided on 16/01/2020

Investor Overview

  • Minimum credit of £100.
  • Bids start at £10.
  • Lenders are paid in monthly installments.
  • Lenders can manually choose which loans to invest in.
  • Secondary market is available.
  • * correct as of 09/03/2020

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Go to Money & Co

loan book volume

default rate

average interest rate

biggest loan

* correct as of 18/06/2020


58 Glentham Road, London
SW13 9JJ

020 3143 4000

company number

incorporated 9 years

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph