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Earn an ISA transfer bonus this summer

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This summer, you can earn £50 cashback when you transfer an ISA of £5,000 or more from another provider to LendingCrowd! Terms apply. Capital at risk.

It’s simple to make the switch. Just complete and return our ISA transfer form and we’ll take care of the rest, contacting your existing ISA manager and organising the transfer of funds. This process normally takes between 15 and 30 days, depending on the type of ISA you’re transferring to us.

If you don’t already have an Innovative Finance ISA with LendingCrowd, you’ll have to open one first before you can transfer an existing ISA from elsewhere.

Whether you want a quick and simple way to automatically invest in a diversified portfolio of business loans, or have the time and experience to select your own investments on our Loan Market, we have the ISA option for you:

Growth ISA
Your investments will be diversified across the business loans available on our platform, and your capital and interest repayments will reinvest automatically. The target return is 6%*.

Income ISA
Interest earned from your diversified portfolio of loans will transfer to a separate account for you to withdraw, while your capital repayments reinvest automatically. The target return is 5.6%*.

Self Select ISA
Hand-pick the businesses you want to lend to, at rates from 5.95% to 14.25%, making sure they match your appetite for risk. To achieve good returns, you’ll need to reinvest your repayments on a regular basis.

*Capital at risk. The target rate is variable, net of ongoing repayment fees, estimated bad debt and before the 1% capital withdrawal fee.

You can make either full or partial transfers from ISAs opened in previous tax years, and full transfers from ISAs opened in the current tax year. We only accept cash transfers from your other ISAs. This means your ISA provider may have to sell any stocks or shares you hold before making the transfer. The minimum transfer value we accept is £1,000.

Please remember that your capital is at risk when lending to businesses. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Article author

Gareth Mackie

Gareth Mackie

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If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

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