Defensive funds - any suggestions

Thrugelmir

Ryan_Futuristics wrote: »

Yeah, going for 6.2% at the moment on RateSetter, but before tax (although anticipating reforms in the way it's taxed ... the benefits to the UK economy would seem vast if we could create a whole culture of small business lending)

SME financing is a graveyard. The better SME's would have access to far cheaper finance through Invoice Discounting or Factoring at far cheaper rates.

Ryan_Futuristics

Thrugelmir wrote: »

SME financing is a graveyard. The better SME's would have access to far cheaper finance through Invoice Discounting or Factoring at far cheaper rates.

Well RateSetter's what I use to spread the risk, as it's lending to individuals rather than enterprises

I'm not sure invoice discounting would be appropriate for many of these smaller businesses and startups, and my feeling with things like Funding Circle is as long as the market dictates the rates, and there's healthy competition, then it just comes down to platform charges

I almost don't see how you could avoid P2P business lending becoming the new corporate bonds