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LendingCrowd was launched in 2014 to offer businesses keener loan rates and investors better returns. We do this by providing an easy-to-use online peer-to-peer lending service that brings interested parties together – hence LendingCrowd.
We believe people looking to invest their money seek more control, convenience and faster, easier access to competitive products to achieve better financial returns.
To support a vibrant and growing community of small and medium-sized enterprises across Britain we aim to provide simple, lower cost lending (with greater flexibility, straightforward security arrangements, minimum ongoing administration and no exit fees).
Our innovative online platform combined with our highly experienced credit underwriting team are at the heart of what we do. We aim to deliver an outstanding customer experience and offer clear, transparent business terms and processes. Do tell us if we ever fall below this expectation!
Our service is underpinned by advanced credit risk decisioning systems managed by our Credit Team to ensure we accurately evaluate risk. This ensures defaults and losses are minimised as part of a balanced risk approach informed by common sense.
The LendingCrowd platform was launched on 1 October 2014. Since then we’ve made great progress:
- Over 500 loans to businesses and sole traders across Britain
- Over £45m loaned through the platform by October 2018
- 6,200 investors signed up
- Full FCA authorisation received in November 2016
- LendingCrowd Growth ISA launched February 2017
A proven and experienced leadership team
The team is led by founder Stuart Lunn, CEO, who has been working with high-growth tech companies for over 15 years, providing investment banking services and supporting their capital funding.
Bringing extensive financial services knowledge and expertise, Sir Sandy Crombie is Chairman. Sir Sandy is a former CEO of Standard Life and Senior Independent Director of Royal Bank of Scotland.
Stuart and Sir Sandy lead a growing team of professionals across marketing, credit and technology.
Where to find us
We are based in Edinburgh’s West End, on the original site of the Scottish Building Society, whose reputation for probity echoes with LendingCrowd’s business principles.
Partner with us
Join a growing crowd at LendingCrowd. We’re always interested in working with partners such as introducers, affiliates, general organisations and news sites – for example Alternative Business Funding. Please contact us so we can start a new journey together!