Spring 2019 Cashback Offer
Up to £350 cashback when you invest! Terms apply – read more about our offers.
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.
Spring 2019 Cashback Offer
Open to new and existing LendingCrowd lenders.
Earn up to £350 cashback when you invest by 14 June 2019.
Add funds via bank transfer, debit card or transfer in an existing ISA.
Your cashback award will be paid within 30 days of the promotion end.
Join the promotion and invest at least £5,000 before 14 June 2019 to receive your cashback!
| Qualifying amount* | Cashback |
| £5,000 to £4,999 | £50 |
| £10,000 to £19,999 | £100 |
| £20,000 to £49,999 | £200 |
| £50,000 and above | £300 |
*Plus an additional £50 when you transfer any ISA of £10,000 and above from another provider to LendingCrowd.
Summary Terms & Conditions
- This offer applies to new and existing lenders, who sign up for this promotion from 00:01 on 7 May 2019 and before 23:59 on 14 June 2019.
- Qualifying lenders must deposit and lend, before 23:59 on 14 June 2019: £5,000-£4,999.99 to receive £50 cashback; or £10,000-£9,999.99 to receive £100; or £20,000-£19,999.99 to receive £200; or £50,000 and above to receive £300.
- Plus, receive an additional £50 when you transfer an ISA of £10,000 or more from another provider to LendingCrowd during the Promotion.
- Note, this is the net amount to be added and any withdrawals will be counted against this.
- Funds can be added to your account by debit card, bank transfer, or by transferring an existing ISA from another ISA provider to LendingCrowd.
- The cashback award will be paid into the lender’s Self Select Account within 30 days of the promotion end.
- Lenders who receive the cashback award must keep a minimum balance of their qualifying investment plus the cashback award in the platform for 12 months from the date of receiving the cashback award.
- LendingCrowd reserves the right to withdraw the promotion offer or amend the terms of this promotion at any time. See the full offer terms here.
Any questions? Get in touch
Simple. Tax efficient. Target return from 6%.*
Find out more by calling 0345 564 1600 or email investor@lendingcrowd.com
*Capital is at risk. Target rate is variable, net of ongoing repayment fees and bad debt, and excludes the cashback offer. Tax treatment depends on the individual circumstances of each investor and may be subject to change in future. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.
It’s easy to get started
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
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.
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.
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.
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