We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

LendingCrowd


LendingCrowd is a P2P lender that offer business loans from £5k to £500k over 6 months to 5 years with interest rates starting from 5.95%. Funds can be raised quickly and will be charged transparent fees from 2%. Lenders can distribute their monies in creditworthy UK businesses which potential earnings of 8.1%. Minimum investments start from £20 and there is a 1% annual fee, which is charged when the borrower repays. Withdrawal fees also apply. There are 3 products on offer for investors that are also IFISA eligible.

  • Interest rates start from 5.6%
  • Minimum investments start from £20
  • No fixed terms
  • 1% annual fee of capital invested
  • 1% capital withdrawal fee
  • All 3 products are IFISA eligible

* correct as of 12/11/2018


LendingCrowd Borrower rate vs Default rate

* Borrower rate represents the gross interest rate charged to the borrower. * Definition of what represents a default will vary according to each platform. * Default value represents loans originating from that month


  • Total lent

    The total amount ever lent out by the platform

    £30,253,516

  • Average loan

    The mean average loan amount

    £88,461

  • Biggest loan

    The single biggest amount lent out

    £1,500,000

  • Biggest default

    The single biggest default

    £183,760

  • Min investment

    The minimum amount needed to invest

    £0

  • Established date

    27/01/2014

Products


Growth IFISA

Min investment
£1,000.00
Estimated return
6%

LendingCrowd will automatically diversify investments across various creditworthy small business loans. A minimum of 20 loans will be allocated funds. No more than 5% of funds will be allocated to one loan.

The minimum investment amount is £1,000 and the target interest rate is 6% per year. LendingCrowd customers have averaged returns of 8.5% before tax.

There is no fixed term. Full or partial withdrawals are possible subject to a 1% fee and how quickly investments are sold on the Loan Market.

Income IFISA

Min investment
£1,000.00
Estimated return
5.6%

LendingCrowd will automatically diversify investments across various creditworthy small business loans. Interest payments will be paid into a seperate account for withdrawal purposes. Capital will continue to be reinvested into new loads.

The minimum investment amount is £1,000 and the target interest rate is 5.6% per year. LendingCrowd customers have averaged returns of 8.5% before tax.

There is no fixed term. Full or partial withdrawals are possible subject to a 1% fee and how quickly investments are sold on the Loan Market.

Self-Select IFISA

Min investment
£20.00
Estimated return
5.95% - 14.25%

Customers can select which creditworthy small business loans to diversify their investments across.

The minimum investment amount is £20 and interest rates range from 5.95% to 14.25% per year.

There are two types of loans; New Loans and Existing Loans.

The former is an online auction where lenders can choose the capital amount and interest rate they would like to purchase the loan at.

The latter allows a lender to buy loans from other lenders on the Loan Market. There is no bidding on the Loan Market.

There is no fixed term and customers can expect to receive a monthly income of their capital and interest.

Debt Restructuring Loan

Min investment
N/A
Estimated return
N/A

For companies that need to restructure their debt into flexible loans to make them more manageable.

This product is purposed for businesses that need to reduce their monthly payments, as well as the number of monthly payments to free up cash.

The loans are funded by LendingCrowd's investors, which means there is no early repayment charge.

Rates, term and amount-to-borrow are decided after the application assessment.

Working Capital Loan

Min investment
N/A
Estimated return
N/A

Funded by LendingCrowd's investors, a working capital loan aims to help businesses grow much quicker and simpler to meet their short-term targets. It can be used to fulfil customer orders and supplier payments.

Rates, term and amount-to-borrow are decided after the application assessment.

Asset Purchase Loan

Min investment
N/A
Estimated return
N/A

For businesses that have enough working capital to cover expenses, but require cash to purchase new assets. This loan can be used to buy new vehicles, equipment, machinery or premises.

LendingCrowd’s investors fund this product, which means borrowers can repay their loan early without incurring penalties.

Monthly payments are fixed and terms range from 6 months to 5 years.

Rates and amount-to-borrow are decided after the application assessment.

Growth Finance

Min investment
N/A
Estimated return
N/A

A growth loan is ideal for businesses with big plans. It can be used to hire new staff, move to a new site, or increase the variety of products or services the business offers.

This finance option is flexible with fixed monthly payments as it is funded by LendingCrowd's investors, which mean there is no early repayment charge.

Rates and amount-to-borrow are decided after the application assessment.

Hospitality Business Loan

Min investment
N/A
Estimated return
N/A

This covers a broad range of services within hospitality, including hotels and restaurants. These businesses tend to have fixed costs and therefore may find it difficult to grow. A hospitality loan can provide the additional funding in the short-term. It is aimed to help with purchasing new assets, upgrading and repairing equipment, or restructuring debt.

These loans are funded by LendingCrowd's investors with flexible terms and can be paid early with no extra fees or charges.

Terms range for 6 months to 12 months. Rates and amount-to-borrow are decided after the application assessment.

Retail Business Loan

Min investment
N/A
Estimated return
N/A

Retail businesses generally require high working capital. A loan can help to purchase more stock, increase the product range, or acquire new assets.

Loans are flexible and funded by LendingCrowd's investors and, which means there are no early repayment charges.

Terms, rates and amount-to-borrow are decided after the application assessment.

E-Commerce Business Loan

Min investment
N/A
Estimated return
N/A

For online businesses that need to free up working capital. A loan can help to, hire staff, purchase more stock, increase the product range, or broaden web presence through marketing.

Loans are flexible and funded by LendingCrowd's investors and, which means there are no early repayment charges.

Terms, rates and amount-to-borrow are decided after the application assessment.

Manufacturing Business Loan

Min investment
N/A
Estimated return
N/A

The manufacturing sector consists of over 2.6m people with responsibilities that can range from food and drink to digital technology. A manufacturing loan is ideal for businesses that new purchase new machines, vehicles, equipment, or to expand their working capital and product range.

Loans are flexible and funded by LendingCrowd's investors and, which means there are no early repayment charges.

Terms, rates and amount-to-borrow are decided after the application assessment.


Disclaimer

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

Compare Platforms

vs

Follow us




  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph