Assetz capital is a provider of alternative funding sources to smes and property developers and is one of the fastestgrowing peertopeer lenders in the uk. With assetz capital we have brought private investors together with small and medium sized businesses, property developers and organisations. I decided to invest a portion of my capital in assetz capital a couple of years ago. Assetz capital is a provider of alternative funding sources to smes and property developers and is one of the fastestgrowing peer to peer lenders in the uk. Vas group reaches 300valuation mark for assetz capital. Assetz sme capital limited provides financial services. We created assetz capital to give power back to the people. The company was founded by chief executive stuart law, 54, in 2012 and focuses on small and mediumsized firms and housebuilders, facilitating the funding of 1,800 new homes since 20. It is the third fundraising round the company has completed on seedrs. Moving funds can only be performed by lenders either directly moving the funds themselves or turning on the invest idle funds function, which is an ongoing instruction to move idle funds from all investment account andor the cash account, based on the. Assetz sme capital ltd company profile and news bloomberg. Assetz sme capital ltd is authorised and regulated by the financial conduct authority reg no. Ive experience of funding circle, ratesetter, octopus choice and assetz capital, and have money in all of them, at various levels. Peertopeer lender assetz capital has promoted fraser clark to relationship director and hired colin mottramas senior relationship manager in scotland.
Assetz capitals p2p lending platform gets fca approval. Mar 21, 2017 assetz capital is a midlarge sized peertopeer lending platform, having lent out over. Peertopeer lender assetz capital launches innovative. Chris is a passionate programmer with substantial experience project managing and developing leading business and social media websites and is one of the few peer to peer software specialists in the uk.
The lender which focuses on financing small and mediumsized smes british businesses and property developers is now providing secured loans totalling as much as. I have been very pleased with the return and also the helpfulness and efficiency of the staff when i raise a query. At assetz capital, we take asset security on every loan, with discretionary provision funds for some of our investment accounts. Mar 27, 2012 assetz capital is one of the leading peertopeer p2p lenders operating in the uk and aims to fund c. Peer to peer p2p investment accounts assetz capital. Vas group hits triple century with assetz capital vas audit. We made it possible for anybody to invest in businesses, whether they had. Assetz capital saw a record month of investor inflows into its innovative finance isa ifisa during april.
Assetz sme capital limited is a company registered in england and wales with company number 08007287. Assetz capital marks record month for ifisa inflows. Dec 06, 2019 vas group has assisted a triple century of valuations for peertopeer lender with assetz capital having completed its 300th report in the last 12 months at a combined total market value of. You cannot create threads you cannot reply to threads you cannot create polls. The lender, which funds projects such as commercial properties and housing developments, primarily utilised vas panels comprehensive valuation panel management.
As with most forms of investment, peer to peer lending carries a degree of risk to your capital. However neither can guarantee that you will always receive your money back if a loan defaults so please. If you lend money from your sipp or ssas on a peertopeer network, not only will your loan interest be taxfree, you may also find your returns could be more predictable than the. With access to a network of high net worth individuals to provide businesses with the loans they need, we cover any business sector and the whole of the uk, taking tangible security on. This peertopeer lenders digital platform, created by 20 inhouse software developers, aims to increase the transparency and efficiency of the lending process. Founded in 20, our digital platform was created by our inhouse software. Peer to peer lending having started out as a financial initiative by the government to help address the huge shortfall in business lending has now grown to become one of the most viable forms of alternative finance in the uk. Assetz capital has always been a pleasure to deal with, in the good times returns have been steady and consistent, now with the black death upon us, returns may be slower than usual and defaults may rise, that dear investors who whinge is the nature of investing, if thats not to your liking stick with the fca covered boring old banks. Assetz capital has identified and corrected a software issue which had led to late or missed interest payments for some of its investors. Ifisa is available as a wrapper on all automated investment accounts, with the manual lending account also set to be allowed into the isa in early 2018. P2p lending service assetz capital to launch quick access. Major players in the uk p2p lending market techbullion. London based assetz capital shares insight into fast growing peertopeer lending sector.
British p2p lending marketplace assetz capital will launch a new quick access account qaa in the very near future the new account has a capped target rate of 3. The benefits of crowdfunding and peertopeer lending using a sipp or ssas. Providing loans to property developers and small businesses throughout the uk. Peer to peer lender assetz capital says investors back borrower. We profile the major peertopeer lenders and look at the returns they promise and the things you should be aware of before committing your cash. Everything you need to know about how peertopeer lending works, how to lend safely, and the best. Assetz capital is the leading propertysecured business peer to peer p2p lender in the uk and europe, and the second largest overall general business p2p lenderbehind only funding circle. The funding round is a precursor to a larger anticipated institutional funding round, assetz said in its investment pitch. It specialises in property and small business lending. In order to protect our investors, we always take asset. Assetz capital is a peertopeer marketplace lender, and one of the uks leading. Assetz capital is a peer to peer lending marketplace that provides capital solutions for small and mediumsized businesses. Vas group hits triple century with assetz capital vas software.
Peer to peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional. Assetz capital as one of the uks leading peer to peer lending platforms assetz capital offer a fairer return on your investments so why not join your peers. Vas group hits triple century with assetz capital vas panel. Crowdfunding and peertopeer for sipp and ssas sippclub. Assetz capital, one of the uks largest peertopeer platforms, just announced it has received full authorisation from the uk regulator, the financial conduct authority fca. Of course, like everyone else, i am frustrated at having all my money tied up. Assetz capital is a peer to peer business lender that is active in bridging, sme finance, and property development sectors. Peer to peer or p2p in short, are essentially server programs that allow for the communication between a local computer thats on your end and another computer on which the files are located. Our story peer to peer p2p lending companies assetz capital. Property investment assetz the leading uk property. As with most forms of investment, peertopeer lending carries a degree of risk to your capital. Peertopeer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional financial institutions. Ben cresswell senior software engineer assetz capital.
Peertopeer lending, also abbreviated as p2p lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Oct 15, 20 assetz capital created its own p2p operation in answer to business capital needs in the united kingdom and a desire to move into the sector with its own take to add to the capital conversation. Moving funds can only be performed by lenders either directly moving the funds themselves or turning on the invest idle funds function, which is an ongoing instruction to move idle funds from all investment account andor the cash account. Assetz capital is a peertopeer marketplace lender, and one of the uks leading fintech businesses. Feb 15, 2014 we profile the major peer to peer lenders and look at the returns they promise and the things you should be aware of before committing your cash. The peertopeer business lender said that its tax wrapper attracted more than. At assetz capital, we seek to reduce this risk to our investors by taking asset security on every loan. During my time in london, in addition to touring westminster abbey and the national portrait gallery, i. Stuart law, ceo and founder of assetz capital, said.
We facilitate direct lending between privateinstitutional investors and business borrowers via our online marketplace. The company offers a peertopeer finance platform which allows private and institutional investors. Founded in 2012, the company was the fastest growing secured p2p company in the uk in 20. Assetz capital is a medium to large size peer to peer lender. We provide loans to smes and property developers in the uk, funded by both individuals and increasing numbers of institutional investors, companies and. Assetz capital s headquarters is located in manchester, england, gb m22 5lw. Assetz capital is a peertopeer lending marketplace that provides capital solutions for small and mediumsized businesses. Apr 11, 2014 london based assetz capital shares insight into fast growing peer to peer lending sector. With a bank you might get 1% interest maybe, but with peertopeer lending you can earn. Senior software engineer assetz capital june 2018 present 1 year 4 months. Debtbased peertopeer lending such as that operated by stockportbased assetz capital is fast emerging as a source of funding for borrowers such as smes, property investors and developers.
Historically, lenders have been able to generate an average interest rate of 9. Whether investing or borrowing, our innovative peer to peer lending platform allows individuals and businesses to invest and borrow fairly, simply, together. Provision fund peer to peer investment assetz capital. The lender, which funds projects such as commercial properties and housing developments, primarily utilised vas panels comprehensive valuation panel management service to. Assetz capital created its own p2p operation in answer to business capital needs in the united kingdom and a desire to move into the sector with its. Assetz capitals headquarters is located in manchester, england, gb m22 5lw. The company offers a peer to peer finance platform which allows private and institutional investors to lend money directly to midsized. Assetz capital as one of the uks leading peertopeer lending platforms assetz capital offer a fairer return on your investments so why not join your peers. Founded in 20, our digital platform was created by our inhouse software developers to deliver fairer lending to businesses, and leading rates of. Through assetz for investors now assetz property we have provided buytolet investment solutions and helped investors design balanced properties portfolios using the awardwinning myportfolio software.
Assetz capital competitors, revenue and employees owler. Assetz capital is a peertopeer lending community who believe in a fairer world for lenders and borrowers. It offers a wide variety of autopilot products and also manual selection of investments. Assetz capital peer to peer lending aims to provide a fairer return on your investments on the fastest growing online platform in the uk. Assetz capital charges into peer to peer lending space in.
Assetz capital is a peertopeer lending community who. Assetz is the best of the four good website, plain to see whats where, with an ability to transfer between the two, and easy to get money out. Through assetz for investors now assetz property we have provided buy to let investment solutions and helped investors design balanced properties portfolios using the awardwinning myportfolio software. Assetz capital assetz house, manchester green, 335 styal road, m22 5lw manchester, united. Assetz capital, one of the uks largest peertopeer platforms, just announced it has launched its innovative finance isa ifisa. Vas group has assisted a triple century of valuations for peertopeer lender with assetz capital having completed its 300th report in the last 12 months at a combined total market value of. Assetz capital is a leading, peertopeer lending platform focusing on delivering affordable property loans. Peertopeer lender assetz capital receives fca license. Fraser clark is currently the regional support director for uk north, based in edinburgh, and his new position as relationship director will see him with an increased focus on deal origination and execution. Mar 27, 2012 assetz capital is the leading propertysecured business peer to peer p2p lender in the uk and europe, and the second largest overall general business p2p lenderbehind only funding circle.
Assetz capital repairs bug that caused missed payments. Our ifisa is great new taxfree investment choice for those that are new to peertopeer lending, but we also feel strongly about delivering a product that caters for our thousands of longstanding investors who prefer to choose their own loan investments within the manual loan investment account. Today, assetz capital, one of the uks largest peertopeer platforms, announced it has received full authorisation from the uk regulator, the financial conduct authority fca. Assetz capital peertopeer lending aims to provide a fairer return on your investments on the fastest growing online platform in the uk.
In a statement sent to customers of the site, the platforms chief executive and cofounder stuart law said that the bug had affected the provision funds of the great british business account gbba, gbba2, the green energy investment. A peer to peer software is a program that resides on the computer and gives users the ability to access files from other computers over the internet. Peer to peer lending, also abbreviated as p2p lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Vas group hits triple century with assetz capital business.
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