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The Assetz Capital platform is no longer open to investment from individual investors. No new investments into peer-to-peer loans are possible and, as a result, no new funds should be deposited. The existing loan book relating to the Retail platform is now in run-off and this will, over time, deliver the return of capital to investors. Full information can be found here . Existing Retail lenders can still log in, view information regarding their account and loan holdings and operate their account in accordance with the information regarding the run-off provided on the link above. Please see this important message regarding the currency of the information on the pages on this website.

Assetz to give 1pc extra interest to investors in Spring offer

Assetz to give 1pc extra interest to investors in Spring offer

The peer-to-peer business lender said on Monday that all new funds lent between now and 4 April on the platform will now earn the additional target interest until 30 June.

The offer is available to both new and existing investors and all of its products quality, including its Innovative Finance ISAs (IFISA).

Any additional interest will be paid in a lump sum within 30 days of the end of the promotion.

“The one per cent Spring bonus is a way of us saying thank you to our longstanding investors, while also attracting a new audience to P2P,” said Stuart Law, chief executive of Assetz Capital.

“We have a growing loan book, with total lent now approaching £0.5bn. The one per cent Spring bonus will help ensure we continue to deliver for a wide-range of borrowers, while providing very fair returns for our investors.”

Assetz Capital revealed earlier this month that almost 3,000 of its investors have set up an IFISA, with those who have already started investing putting an average of nearly £12,000 into the product.

- March 12, 2018

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