You could earn attractive tax-free returns* by lending to British businesses with a LendingCrowd Innovative Finance ISA. Returns are not guaranteed and your capital is at risk.
Get started from just £20
You can open a Self Select IFISA with just £20. The minimum initial deposit in a Growth IFISA or Income IFISA is £1,000.
Easy account opening
Our simple online application takes just minutes to complete. You’ll be asked to take a quick investor classification and appropriateness assessment to ensure you understand the risks involved in P2P lending.
Low, transparent fees
There’s a flat 1% annual fee – charged when the borrower repays – on the money you lend across all our IFISAs. Additional withdrawal fees apply.
*Tax treatment depends on the individual circumstances of each lender and may be subject to change in future. Target rate is variable, net of ongoing repayment fees, estimated bed debt and before the 1% capital withdrawal fee.
**Lend at rates between 5.95% and 14.25% based on LendingCrowd’s Risk Bands. Interest rates are guided by the credit grading allocated to each loan. Higher-risk loans may yield greater returns but can also lead to lower returns if the business can’t fully repay its debts. This is known as bad debt. Find out more at our Risk matters page.
***When lending to businesses, it’s important to remember that your capital is at risk. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.
Our Credit Team reviews every borrower application made to LendingCrowd. This means only established businesses and those assessed as creditworthy are able to borrow through our platform. However, please remember that your capital is at risk when lending to businesses.
As a lender, your capital is at risk
It’s important to remember there’s a possibility that a business may not be able to repay its loan. If a loan is declared a default and there’s no clear indication of how and when we’ll receive the payment, we’ll take recovery action. This can involve forcing the sale of assets through a legal process, which can take time. While we’ll make every effort to recover as much capital as possible, you should remember that you may not receive all the money you lent.
Minimise your risk – diversify
Diversifying your portfolio is the best way to help manage risk. In other words, don’t put all your eggs in one basket. Our Growth Account and Income Account automatically create a diversified portfolio of business loans for you.
By spreading your lending across as many businesses as possible on the Loan Market, throughout a range of Risk Bands, you’ll reduce the impact of bad debt if any individual business is unable to repay its loan.
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When lending to businesses, it’s important to remember that your capital is at risk. Find out more at our Risk matters page. Borrowers need to be mindful that defaulting might lead to the debt being passed to an agency for collection. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.
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.