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The Formax Group are a financial services company offering loans from £25k to £100k over a period of 6 months to 5 years. Both borrowers and lenders can expect average interest rates of 5.5%. Loan completion fees ranging from 1.25% to 5.00% apply. The company offers transparent fees with no hidden charges. There is no early settlement fee.

Investors can choose either 12, 36, or 60-month terms; each paying 3.5%, 4.5% or 5.5%, respectively. Investors can withdraw earnings quarterly without any charge by opting out of auto-reinvestment. If funds are withdrawn before the end of the investment commitment, a 0.75% charge will incur on the investment capital being withdrawn

  • Choose from 12, 36, or 60-month terms
  • Interest rates range from 3.5 - 5.5%
  • Minimum investment is £100
  • Formax can automatically spread an investor's funds for them
  • No fees for lending on the platform
  • An early withdrawal charge of 0.75% applies

* correct as of 17/07/2019



Min investment
Estimated return

Customers can earn up to 5.5% tax-free interest by investing in an IFISA. Invest from as little as £100 up to £20,000.

Formax will automatically invest deposited funds into eligible SME business loans and retrieve monthly interest payments.

There are no charges or fees when investing with a Formax IFISA. There is a 0.75% withdrawal fee.


The statistics are generated from data we have collected. We can not guarantee that there are no errors, omissions or inaccuracies.

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