Innovative Finance ISA information hub
Transferring an existing ISA to LendingCrowd
PLEASE NOTE: We have temporarily stopped taking new lender registrations and also new cash deposits from existing lenders on our platform. As all current lending is through the Coronavirus Business Interruption Loan Scheme (CBILS), which is not available for retail lenders, there are no new retail loans available for you to fund on our platform. Also, our secondary Loan Market has a low level of available loans, making loan diversification difficult. We are taking these steps to prevent the build up of cash balances in lender accounts which we cannot responsibly allocate to loans. Therefore, we feel it is in the best interests of our community of lenders to take this temporary step.
This decision is in line with guidance from our regulator, the Financial Conduct Authority (FCA), to prevent cash balances accumulating in accounts that are not earning interest because they are not being lent out.
We will review this decision on a regular basis as market conditions change.
If you would like to receive updates and find out when we resume new lender registrations and deposits from existing lenders, please register your details below: