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Make your money work harder by lending to British businesses with our tax-free* Growth ISA. Transfer existing ISAs to us and automatically create a diversified portfolio of business loans.

ISA subscriptions from previous tax years don’t count towards this tax year’s £20,000 ISA allowance, so you can transfer as much as you want to LendingCrowd, subject to a minimum transfer value of £1,000. We do all the hard work for you, arranging the transfer of funds from your other ISA provider – you just need to complete one simple form.

At a glance:

Minimum deposit £1,000

Make your money work harder

No fixed term — full or partial withdrawals* at any time

Build your own portfolio with one click

*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.

Transferring your ISAs to LendingCrowd

It’s easy to transfer existing Cash ISAs, Stocks & Shares ISAs and Innovative Finance ISAs to your LendingCrowd Growth ISA. We don’t charge for transfers in and the minimum transfer value we accept is £1,000. 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.

It’s easy to get started

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Open your LendingCrowd Growth ISA account

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


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Download our transfer form

Complete and post it to us


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We’ll contact your existing ISA manager

To organise the transfer of funds


 

The process normally takes between 15 and 30 days, depending on the type of ISA you’re transferring to us.

*Tax treatment depends on the individual circumstances of each lender and may be subject to change in future. 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.

Why transfer your ISA?

Transferring your existing ISAs to LendingCrowd makes it simpler for you to keep an eye on your returns. Keep up to date with your loan holdings and returns on your account page.

How it works

The LendingCrowd Growth ISA allows you to earn tax-free returns* on your peer-to-peer loans. You decide how much to lend, from a minimum of £1,000 up to £20,000 this tax year. We’ll automatically diversify your funds across the loans available on the LendingCrowd Loan Market – sit back and let our platform do the hard work for you. 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 Growth ISA, the more diverse your portfolio will become, as your capital and interest repayments will automatically be used to purchase new loan parts on your behalf. Remember that diversification is key to mitigating risk.

We also allow you to transfer in your other ISA accounts. This means you can lend even more with the Growth ISA without losing any tax benefits*.

*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.

About our ISA options

  • The Growth ISA is aimed at lenders who want a quick and simple method of creating a diversified portfolio of business loans.
  • The Income ISA is designed for those seeking to generate a consistent level of income from a lump sum without eating into their capital.
  • The Self Select ISA is for experienced P2P lenders who have the time to hand-pick which businesses they want to lend to, making sure borrowers match their appetite for risk.
  • You can lend up to £20,000 this tax year and transfer in any other ISAs you hold.

Your Innovative Finance ISA questions answered

Want more information about our range of IFISA options? Have a look at our Innovative Finance ISA information hub and read our ISA FAQs.

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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.