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Our fees explained

Our fees are simple and transparent so there are no surprises when you lend to businesses with LendingCrowd. There are no charges to open any of our accounts or to add funds and you only pay fees on the amount you lend.

Growth Account Growth ISA Income Account Income ISA Self Select Account Self Select ISA
Ongoing repayment fee 1% 1% 1% 1% 1% 1%
Buying a loan part 0% 0% 0% 0% 0% 0%
Loan part sales fee 0% 0% 0% 0% 0.5% 0.5%
Withdrawal fee 1% 1% 1% 1% 0% 0%

Ongoing repayment fee

An ongoing repayment fee, which is the difference between the rate you lend to a borrower and the interest you receive, is charged on a monthly basis. This fee is taken from each monthly repayment made by the borrower. For example, if you lend at a rate of 9%, you’ll receive 8% after this repayment fee.

Buying a loan part

We don’t charge a fee for buying a loan part.

Loan part sales fee

A 0.5% fee is charged when you sell a loan part. It’s charged on the capital sold. The seller continues to earn interest while the loan is listed for sale. If a loan is sold mid-way through a month, the seller will be paid any interest earned when the next monthly repayment is made.

Withdrawal fee

There’s a withdrawal fee of 1% of the capital withdrawn from the Growth Account, Growth ISA, Income Account and Income ISA. This is paid only when a withdrawal is made, not when a loan is sold.

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 2022. All rights reserved.

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