Assetz Capital restarts retail lending
Sep21

Assetz Capital restarts retail lending

Marketplace lender Assetz Capital has restarted retail lending with a £1 million residential bridging loan that was funded in under two hours. The £1.06 million residential bridging loan is secured against eight luxury apartments in Hillsborough, Northern Ireland. It is the first of a number that will be made available for users of the Manual Lending Account in the coming weeks. This first loan offered investors a gross interest rate...

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Interest rates: BoE plans could be taking advantage of pre-Brexit conditions
Feb09

Interest rates: BoE plans could be taking advantage of pre-Brexit conditions

Stuart Law, CEO at Assetz Capital “The Bank of England should be cautious about raising interest rates by too much in a short space of time. There’s a high probability that any rises could simply be a way to take advantage of the opportunity, whilst it exists, to hike up interest rates ahead of Brexit in case there is a need to then drop them again. “It’s also unlikely that peak interest rates will rise above 2% in this cycle, and...

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Assetz Capital launches GBBA Series 2
Dec21

Assetz Capital launches GBBA Series 2

Assetz Capital has launched Series 2 of its Great British Business Account (GBBA), offering investors a capped target gross interest rate of 6.25% per annum. GBBA Series 2 automatically invests in business loans that have realisable asset security. Although the account has a similar investment mandate to Series 1, Series 2 is more tailored to current market conditions to capture a wider range of higher-quality loans than its...

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Assetz Capital launches ISA
Dec19

Assetz Capital launches ISA

Assetz Capital has launched its Innovative Finance ISA today. The business peer-to-peer (P2P) lender’s ISA is available as a wrapper on all of the automated investment accounts, with the Manual Lending Account also set to be allowed into the ISA in early 2018. In a change with convention in the marketplace, this ISA is available to both new and existing investors on the Assetz Capital platform, with more than 10,000 investors already...

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Assetz Capital set for Transformational Year with launch of new website and ISA
Dec14

Assetz Capital set for Transformational Year with launch of new website and ISA

Assetz Capital has this week launched a new website and refreshed its branding, ahead of the roll-out of its ISA that is expected to be next week. The new website has been designed to optimise and simplify the user experience, making it easier for all types of investors to navigate the platform. The company has also unveiled a fresh brand, which comes after months of development. The ISA will launch for automated accounts next week,...

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AltFi Data Announces the Addition of Assetz Capital to the AltFi Data Analytics Platform
Nov03

AltFi Data Announces the Addition of Assetz Capital to the AltFi Data Analytics Platform

AltFi Data has today announced that Assetz Capital, the leading UK SME secured lending originator, has been added to the AltFi Data Analytics platform. The entire lending track record of Assetz Capital can now be analysed according to AltFi Data’s established standards. This enables investors to perform like for like comparison of both return, and risk adjusted return, with the other marketplace lending platforms that provide...

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Assetz Capital announces six months Profit and Growth
Oct31

Assetz Capital announces six months Profit and Growth

Assetz Capital has today announced a continuation of profit for its half year results. The company has revealed that it has recorded a seven-figure pre-tax profit in the six months from April to September 2017, in keeping with the profitability recorded for the entire 2016/17 financial year. With recent FCA approval, Assetz Capital remains one of the very few P2P platforms worldwide to achieve profitability, with a revenue run-rate of...

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Assetz Capital Lowers Commercial Mortgage Interest Rate
Sep29

Assetz Capital Lowers Commercial Mortgage Interest Rate

Assetz Capital has lowered its entry interest rate for commercial mortgages from 7.9% to 6.9% in an unprecedented move to give access to even lower rates for lower-risk borrowers looking for commercial mortgages. This is one of the lowest rates available from any alternative finance providers. Assetz Capital has identified that there are many credit-worthy small and mid-sized businesses throughout the UK that are looking for faster...

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Development Funding Booming on Assetz Capital Platform
Sep15

Development Funding Booming on Assetz Capital Platform

Assetz Capital has seen a year-on-year increase of 175% in the number of property development projects funded around the country. This rise comes off the back of a sustained growth in the funding pool for property developments, as investors scavenge for a piece of the development market. Assetz Capital’s achieved a significant milestone in July 2017, when its development-focussed lending reached around 5% of the entire UK banking...

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Assetz Capital Receives Full FCA Authorisation
Sep05

Assetz Capital Receives Full FCA Authorisation

Assetz Capital announced it has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA). As the UK’s second largest peer-to-peer business and property lending platform, to date it has lent more than £316 million to businesses nationwide.  Following its successful FCA application, Assetz Capital is now in the final stages of completing its work on its Innovative Finance ISA (IFISA), which will be ready...

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Assetz’ Investors Earn £25 Million to Date
Aug24

Assetz’ Investors Earn £25 Million to Date

Assetz Capital has announced today that its lenders collectively have earned gross returns of more than £25 million on their investments in just over four years – an average of eight per cent gross interest across all Assetz Capital loans since the start of the platform, before allowances for tax or any losses not covered by a provision fund. There are 20,000 registered and active investors, currently using the Assetz Capital...

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P2P Lending Disrupts further with the Launch of Assetz Capital-as-a-Service
Jul28

P2P Lending Disrupts further with the Launch of Assetz Capital-as-a-Service

Financial account aggregator and marketplace Bud announced as first user Financial services companies such as banks and money management apps can now offer their customers the option to manage their investment in peer-to-peer lending, with the launch of Assetz Capital-as-a-Service (ACaaS). ACaaS has been developed by Assetz Capital, the UK’s second largest peer-to-peer finance platform for business and property, and allows full...

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Assetz Capital Strengthens Scotland Presence with New Appointment
Jul17

Assetz Capital Strengthens Scotland Presence with New Appointment

Ian Craig joins one of the UK’s biggest Peer-to-Peer platforms as a Regional Relationship Director, helping manage operations in Scotland Assetz Capital is pleased to announce the appointment of Ian Craig as a Regional Relationship Director in Scotland. Ian will be responsible for helping local Scottish businesses acquire finance through the peer-to-peer platform and ensure borrowing with Assetz Capital runs seamlessly. Ian brings...

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Assetz Capital Reinforces its Broker Support and has Record Month
Jul07

Assetz Capital Reinforces its Broker Support and has Record Month

Assetz Capital has outlined its intentions to further develop its nationwide broker network, supported by its rapidly growing Regional Relationship Director team. Since its inception in 2014, brokers have played a vital role in referring many small and medium sized businesses to Assetz Capital for lending on its peer-to-peer platform.  To date, more than 350 successfully funded projects have come through brokers, and the company...

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Assetz Capital Announces Profitability in 2016/17 Financial Year
Jun29

Assetz Capital Announces Profitability in 2016/17 Financial Year

Assetz Capital revealed that it turned a seven figure pre-tax profit in the 2016/17 financial year. This makes it one of very few P2P platforms worldwide to achieve profitability in a financial year and its revenues are now well over £10m pa. From April 2016 to March 2017, a total of £126 million was lent through Assetz Capital to credit worthy UK SMEs with £38m of that in the last quarter of that financial year. In the following...

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Stuart Law Warns that Suppressing BTL Market Risks the Overall Housing Market
May26

Stuart Law Warns that Suppressing BTL Market Risks the Overall Housing Market

Today Stuart Law, founder and CEO of one of the UK’s largest and fastest growing P2P platforms Assetz Capital, issued a warning to politicians and consumers about the risk that is being taken with the buy-to-let market and the consequences it could have on the UK housing market. Stuart Law commented: “Currently we find ourselves in a very precarious position when it comes to the housing market. The Bank of England and the...

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Assetz Capital Reaches Quarter of a Billion Lending Milestone
May19

Assetz Capital Reaches Quarter of a Billion Lending Milestone

Today, Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer platforms, announced it has lent over a quarter of a billion since its launch in 2013. The alternative finance platform helps small and medium-sized British businesses and house builders acquire funding. It is now providing secured loans totalling as much as £25 million per month and has lent more than £55 million in 2017 to date. Stuart Law, CEO and...

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Assetz Capital Rate Increase on Key Account Pulls in £10m
May05

Assetz Capital Rate Increase on Key Account Pulls in £10m

Following its recent promotional interest rate rise on its 30 Day Access Account, Assetz Capital has revealed that to date this has resulted in more than £10 million of new investment in peer-to-peer loans, with one week to go. Since the rate increase went live on 13 April, investors have had access to a target, capped return of 4.75% per annum gross (before allowances for tax or any possible losses) and still have until midday on 11...

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Assetz Capital Appoints New Director to Oversee South Wales Expansion
Apr28

Assetz Capital Appoints New Director to Oversee South Wales Expansion

One of the UK’s fastest growing Peer-to-Peer platforms brings in former Handelsbanken Branch Manager and Barclays Business Development Director, Mark Standley, to oversee South Wales operations Assetz Capital announced its expansion plans for South Wales under the guidance of recent hire Mark Standley. Prior to his roles as a Branch Manager at Handelsbanken Cardiff and Bridgend, Mark was with Barclays leading a mid and large corporate...

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Assetz Capital Celebrates its 4th Birthday with £240 Million Lent to Date
Apr21

Assetz Capital Celebrates its 4th Birthday with £240 Million Lent to Date

Assetz Capital is today celebrating its 4th birthday. In the past four years, more than £240 million worth of loans have been issued through the platform, with investors receiving total gross interest of more than £20 million.  Assetz Capital’s peer-to-peer loans during this period yielded rates of between 3.75% and 18% per annum for its investors. Originating in Stockport, the company now also has offices in London, Edinburgh...

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Assetz Capital Defiees Convention by Raisin P2P Investor Interest Rates
Apr13

Assetz Capital Defiees Convention by Raisin P2P Investor Interest Rates

Assetz Capital today announced it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.  The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. Investors will have until midday on 11 May to take advantage of the new rate and will benefit from a capped return of 4.75% for up to 90 days after an investment is...

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Assetz Capital Boosts Green Energy Project Funding
Mar31

Assetz Capital Boosts Green Energy Project Funding

The P2P lender for business hits the £30m mark in funding wind turbine projects throughout the UK.  Assetz Capital today announced that it has provided £30 million in funds for the development of renewable energy projects throughout Britain. With dedicated specialists in the green and renewable energy market, during the past three years, Assetz Capital has funded 39 green energy projects, predominantly in the onshore wind turbine...

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Stuart Law of Assetz Capital shares his Post-Budget Thoughts
Mar09

Stuart Law of Assetz Capital shares his Post-Budget Thoughts

Stuart Law: CEO and co-founder of leading P2P platform Assetz Capital: “Today Philip Hammond has delivered one of the least interesting Budgets in recent memory. Other than protection for SMEs from the potential large rates increase, very little was announced of relevance to SMEs, or indeed their lenders. Hammond has missed a chance to take a fatal flaw out of the Innovative Finance ISA that prevents investors investing across...

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Small Business Tax Rises and IFISA Rule Changes could boost P2P Sector

Stuart Law, CEO and co-founder of leading P2P platform Assetz Capital shares his thoughts on the upcoming budget “In just a few days time Philip Hammond will deliver what many are calling one of the least relevant Budget announcements in recent memory. However, he could be making changes critical to the success or failure of the IFISA – and might also make P2P lenders even more attractive to small businesses if punitive small...

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