Category Archives: Lenders

Lender update – July 2022

As a lending platform that is regulated by the Financial Conduct Authority (FCA), we are required to publish a document called an Outcomes Statement. We published our Outcomes Statement for 2021 and it is available for download. Under FCA rules, our …Read More

Lender update – December 2021

Since the outbreak of the Covid-19 pandemic, the LendingCrowd team has been focused on carefully managing the platform and doing the right thing by lenders and borrowers alike. As a responsible lending platform that is regulated by the Financial Conduct Authority, …Read More

Lender update – August 2021

On 21 January 2021, LendingCrowd suspended trading on its secondary Loan Market. Our obligations in operating a Loan Market are significant as we have a regulatory requirement to ensure that the valuation of the loan part for sale is fair and …Read More

Covid-19 lender update – April 2021

The Coronavirus Business Interruption Loan Scheme (CBILS), designed to support the continued provision of finance to smaller businesses during the Covid-19 pandemic, is now closed to new applications. Since the outbreak of the pandemic, all our lending has been made through …Read More

LendingCrowd Loan Market – important update

LendingCrowd was accredited as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS) in July 2020, enabling us to distribute UK government-backed loans to small and medium-sized businesses that have been affected by the Covid-19 pandemic. All of our lending is currently being …Read More

Important update for our community of lenders

Since the outbreak of the Covid-19 pandemic, the entire LendingCrowd team has focused on supporting our lenders and borrowers. From enabling eligible borrowers to focus on their business by offering them repayment holidays, to keeping lenders informed of changing market conditions, …Read More

Covid-19 lender update – November 2020

All non-essential shops, leisure and entertainment venues across England are now closed in an effort to halt the spread of Covid-19. Pubs, bars and restaurants are only allowed to operate takeaway and delivery services. These restrictions are due to end on …Read More

Covid-19 lender update – September 2020

Small and medium-sized businesses are the backbone of the economy and are being supported through the Covid-19 pandemic by the Government-backed Coronavirus Business Interruption Loan Scheme (CBILS). Funding for CBILS loans is restricted to institutional lenders and we expect that all …Read More