If you like the way we do business and would like to get involved by promoting us, we would love to talk to you. Please email us at email@example.com with your details and we’ll get back in contact with you.
We have a stringent four-step assessment process:
Step One: Upon the Application being received the information provided is reviewed and a ‘first pass’ decision is taken
Step Two: We will contact the Borrower to confirm the nature of the request and ask supplementary questions
Step Three: Our due diligence process then differs from most Peer to Peer/Crowd funding platforms in that we arrange a face-to-face interview with the applicant.
The interview is also an opportunity for the Borrower to ask questions of us and our process.
If, following the interview and our further due diligence checks, if we are as satisfied as we reasonably can be that the request has merit, the proposal moves to the next step.
Step Four: Only after our due diligence process has been completed with the application be then sent for an independent external review. This step is undertaken by a group of specialist credit analysts with an extensive background in credit assessment. They will review the application from a number of perspectives and provide a recommendation to either support or decline the request.
It is important to understand that whilst we endeavour to cover all aspects of an applicant’s background and business it is ultimately the decision of the investor to support the request or turn it aside.
To prevent any confusion we will NEVER sell, share or give your data away outside of the Kevin Green Group of companies and you of course have the option to opt out of receiving any correspondence from us.
Mooving Money Ltd is a registered data controller under the Data Protection Act (Reg No. ZA011212).
Mooving Money Ltd is regulated by the Financial Conduct Authority (FCA) 0611888 and is registered with the Office of the Information Commissioner, Reg no. ZA011212. Mooving Money Ltd is also regulated by the Anti Money Laundering Act of 2007.
Mooving Money LTD has been in operation since October 2007 and is owned by one of the UK’s most successful entrepreneurs, Kevin Green. Being a multi-business owner Kevin identified a gap in the business lending market to create a business which allowed ordinary people to gain more returns on their savings by lending money directly into new and expanding businesses.
This revolutionary idea, cut out the Middle Men (Banks) and it allowed ordinary savers to lend businesses new money, at a cheaper rate than a high street bank, but at a higher return than the investor would receive from the high street bank.
For more information on Kevin Green please click here to visit his website www.kevingreen.co.uk
Our money is made through charging a margin on the differential between the rate that our investors lend money to our Entrepreneurs. This is currently set at 1% of the total capital loan amount. This ensures that we can offer a comprehensive service, as the Mooving Money business model is more concerned with building relationships than transactions.
Service and trust means more to Mooving Money than the number of transactions conducted. It is this policy that has seen us become one of the most trusted companies in this sector.
Every proposal and business has a different level of risk; some will be low risk and others of a higher risk. The differing levels of risk are reflected in the interest rate and so each loan request is assigned a risk band and this is done via a Credit Rating Score Band (CRSB).
The CRSBs are:
A – Low Risk
B – Medium Risk
C – Average Risk
D – High Risk
In order to avoid applicants attempting to present information in such a way as to improve the CRSB we do not disclose how they are calculated. However, some key factors include:
• Age of the business
• Director’s/owner’s experience
• Financial performance from Annual Accounts and Management Information
• The business/directors/owner’s external credit rating and past credit history
• Type of security (if any) offered and the valuation
• The industry sector