Personal loan fund targets 6 per cent return

Consumer lender SocietyOne has joined the growing list of finance companies offering investors access to income from a credit fund. It is aiming to pay a 6 per cent return. The Personal Loans Unit Trust is open to wholesale investors,…

Marketplace lending coming of age

Marketplace lender SocietyOne is maintaining a steady investor return of around 8 per cent as it reports strong growth in its loan book. It is one of a small number of lenders that have emerged from the initial flurry of…