am
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Post by am on Sept 2, 2015 13:38:10 GMT
Anyone got any estimates of what percentage of the SME P2P market FC has?
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nick
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Post by nick on Sept 2, 2015 16:21:45 GMT
Anyone got any estimates of what percentage of the SME P2P market FC has? They must account for 70%+ of the pure SME P2P market (excluding property). The only other significant players are Market Invoice and Platform Black.
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am
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Post by am on Sept 2, 2015 16:40:37 GMT
I wouldn't have included Market Invoice and Platform Black - they're involved in invoice discounting rather than vanilla SME loans. I would have included part of AC's loan book, and my understanding was that REBS and FK were in the same line of business.
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Post by wiseclerk on Sept 2, 2015 19:27:55 GMT
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am
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Post by am on Sept 2, 2015 20:16:59 GMT
It was looking at that that made me consider the question, and make an initial estimate of 75% of the market, but with large unknowns. 1) How representative is one month's data? Assume that it is representative. 2) What proportion of FC's business is SME loans? Estimate 50%. 3) What proportion of AC's and TC's business is SME loans? Estimate 50%. 4) Who else is involved in SME lending? REBS and FK? So that's £30.9m from FC, and £4.8m from everyone else, or about 85% for FC. That's a pretty big incumbency advantage.
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Post by spanner on Sept 2, 2015 20:56:44 GMT
I think it could be even bigger - last month 75% of FC's loans were SME vs 25% property
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am
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Post by am on Sept 2, 2015 21:15:59 GMT
I think it could be even bigger - last month 75% of FC's loans were SME vs 25% property Is that taking the larger size of property loans into account?
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Post by spanner on Sept 2, 2015 21:17:55 GMT
Yes, that's the volume weighting
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Post by wiseclerk on Sept 3, 2015 6:37:46 GMT
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Post by easteregg on Sept 3, 2015 8:24:12 GMT
AltFi publish some data and from this data FC would have around 45% of the P2B market.
www.altfi.com/data/indices/UKvolume
I tend to discount monthly loans as some loans are short term and others are longer, so you are comparing apples and oranges.
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Post by nickthefool on Sept 3, 2015 8:30:44 GMT
AltFi publish some data and from this data FC would have around 45% of the P2B market.
www.altfi.com/data/indices/UKvolume
I tend to discount monthly loans as some loans are short term and others are longer, so you are comparing apples and oranges. The 'p2b market' in this sense includes property though, I believe.
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nick
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Post by nick on Sept 3, 2015 10:23:40 GMT
..and will include invoice discounting which is one of the largest, if not the largest, forms of SME financing.
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