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Lending Works

Lending Works is a peer to peer lender that allows you to back personal loans secured by a personal guarantee. Individuals can borrow between £1,000 and £25,000. Established in 2012, Lending Works have lent a total of £75m as of December 2017. Lending Works have 2 rates; a 3 year rate and a 5 year rate. While there is no fee for investing, Lending Works charge a small spread between the borrower and lender rates. You are also charged a 0.6% fee to sell your loan parts early on the Lending Works marketplace using the quick withdraw facility. This is on the condition there are lenders to buy your loan parts. Lending Works insure every loan via third party insurance companies and also operate a reserve fund.

  • Back personal loans secured by a personal guarantee via 2 products.
  • Lending Works diversify your money across multiple loans. Lending up to 10% of your capital on one loan.
  • 3 to 5 year terms.
  • There are no fees for investing in a loan however Lending Works charge a small spread between the borrower and lender rates.
  • There is a fee of 0.6% for selling a loan before it's been fully repaid by borrowers (please note that all loan parts offered for sale require another investor to purchase them. This means there is no guaranteed access to cash).
  • IFISA available.
  • lend via a SIPP.

* correct as of 19/07/2018

Borrow up to £25,000 Invest from £10

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


  • Average loan

    The mean average loan amount


  • Biggest loan

    The single biggest amount lent out


  • Biggest default

    The single biggest default


  • Min investment

    The minimum amount needed to invest


  • Established date



Lending Works

Min investment
Estimated return

Lending Works are a P2P lending platform. They have created the Lending Works Shield which combines a reserve fund with our unique default insurance to protect lenders.


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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