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Why follow the flock when investing your money?


The only reason you may not have tried crowdlending is because it’s a new concept.

True, right? Not quite. Crowdfunding has been around for over a decade. Older than some shirts (or blouses) in your wardrobe. Even woolen ones perhaps. But you continue to follow the flock…

Why?

A wise ‘owl’ once suggested trying something different everyday to lead a more fulfilling life: for example mixing your breakfast cereals together; working in the park with your laptop; or even sleep head to toe…

These are not radical suggestions. And nor is peer-to-business crowdlending as a way of growing* your money. Putting your funds into banks to save money is an age-old practice. Just like when we used to stash copper coins under rocks. Like buttoning (or unbuttoning) your shirt from the top down, it’s what we do: invest money in banks or other financial institutions. You might do it because everyone else does…

Or do they..? Here are just 10 reasons why people use crowdlending to grow* their money…

1. They can receive monthly income* which is made up of interest and part of the borrower’s investment capital…

2. They can earn returns from 5.95% up to 12.25%*. If you invest through LendingCrowd you should understand that as a lender your capital may be at risk…

3. They pay just 1% annual fee* on the amount of money you invested in businesses which is collected when you receive a payment…

4. Start investing in businesses in under 10 minutes, providing you satisfy required regulatory, identity and other checks to make sure you’re a living, breathing person…

5. Start small. Make investments from as low as £20 in a loan…

6. Diversify your investment risk: choose a range of businesses to invest in so that you help to spread your investment risk across many business borrowers…

7. No tax to pay – but you must declare any returns to the HMRC…

8. You get to bid with other investors to offer the most competitive rate to the business that wants to borrow…

9. It’s easy as falling off a log. Why would you be on a log anyway? Manage your investments quickly and easily from one page…

10. Oh and did we mention those eye-catching *rates; those tantalisng online investment opportunities. They’re something to bleat about…

We’re not spinning you a yarn here at LendingCrowd. After all, here’s a couple of glowing comments from investors who’ve appreciated using our service.

Matthew John Mills, private investor:

“Just invested…Simple to use site and investment process clear and concise… Now let’s wait for the returns!”

D. Cameron, Chief Executive Officer, Logicalware:

 “We found LendingCrowd very easy to deal with and Helen in the credit department helped me at every stage of my investment. We were quickly approved and funded so that we could continue to develop our business. As a software service, Logicalware believes growth is essential to enable its clients to manage all their customer interactions from a single application.”

Remember these two quotes the next time you button or unbutton your shirt, woolen or otherwise…

More importantly will you still follow the flock or try crowdfunding?

Let us know in the comments box below – or simply follow a growing crowd who like us on Facebook.

 

 

*If you invest through LendingCrowd you should understand that as a lender, your capital may be at risk. LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (IPRN 664753). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme. Read more about the risks involved when investing and borrowing. LendingCrowd is a credit broker and not a lender. The company’s registered office is 23 Manor Place, Edinburgh, EH3 7DX

 

 

 

 

 

 

 

 

 

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Andy Moore

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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.

Copyright © LendingCrowd 2019. All rights reserved.

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