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The Income Account is ideal if you’re looking for a quick and simple way to lend to small businesses while taking an income from the interest earned on your portfolio.

It offers a target rate of 4.2%* a year and your lending is automatically diversified across a portfolio of credit-assessed small business loans.

At a glance:

Minimum deposit £1,000

Target rate of return: 4.2%* a year

Take income from the interest earned on your loans

Fully automated platform working for you

*When lending to businesses, it's important to remember that your capital is at risk. The 4.2% target rate is variable, net of ongoing repayment fees, estimated bad debt and before the 1% capital withdrawal fee. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

How it works

The LendingCrowd Income Account makes lending to businesses simple. You can take an income from the interest earned on your loan holdings. You don’t need to choose which individual businesses to lend to – sit back and let LendingCrowd’s platform do the hard work for you. We’ll automatically diversify your funds across a wide range of loans available on our Loan Market. If your portfolio value is between £1,000 and £1,999, no more than 2% of your funds will be lent to any one business. This maximum target exposure reduces to 1% for portfolios of between £2,000 and £4,999, and to 0.5% for portfolios of £5,000 and above.

The longer you hold the account, the more diverse your portfolio will become. Remember that diversification is key to mitigating risk.

Your interest payments will be transferred to a separate account so you can withdraw them, while your capital repayments will be automatically lent out. This approach gives you a balanced portfolio of loan investments that aims to produce a net annual return of 4.2%*, after repayment fees and estimated bad debts.If you want to earn tax-free returns* on your LendingCrowd Income Account, read all about the LendingCrowd Income ISA.

*When lending to businesses, it’s important to remember that your capital is at risk. Tax treatment depends on the individual circumstances of each lender and may be subject to change in future. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Accessing your money

You can cash in all or part of your Income Account balance, but you must maintain an account value of at least £1,000 for the platform to continue lending on your behalf. If you want to withdraw your funds, you can sell loan holdings on our Loan Market. There’s a withdrawal fee of 1% of the capital withdrawn. The time taken to access your funds depends on how quickly your holdings are sold. The ability to sell depends on other lenders buying your loans.

It's easy to get started

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Open an account

Complete a quick investor classification and appropriateness assessment to open your account – this is a requirement of P2P lending

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Add funds to your account

You must pay in at least £1,000 to start lending to businesses and you can add to this at any time

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Watch your loan portfolio grow

Keep up to date with your loan holdings and returns on your account page

Find out more

For peer-to-peer lending made simple with a target rate of return of 4.2%*, it’s time to Think Outside The Bank.


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 2020. All rights reserved.

Best P2P Business Lender ICAS

LendingCrowd is working with the British Business Bank to help deliver CBILS loans to SMEs affected by the Covid-19 pandemic. Find out more: