Peer to Business Lending
Alternative Finance Sector Report - November 2014
30
PEER TO BUSINESS LENDING
ALTERNATIVE FINANCE SECTOR REPORT
PUBLISHED
November 14
AUTHOR
Luke Jackson
Samantha Goins
UK Based P2b Lending Platforms (08/2014)
NAME
DATE
ESTABLISHED
MINIMUM
INVESTMENT
AVERAGE
RETURN
(GROSS)
TOTAL
FUNDS
RAISED
BAD DEBT
(AVERAGE
PREDICTED)
SECURITY
Assetz Capital
Mar 2013
£20
9-18%
£51m
<1.5% with
actual loss
rate <0.5%
Asset
Backed
Funding Circle
Aug 2010
£20
7.1%
£400.7m
4.52%
Asset
Backed
Folk 2 Folk
Feb 2013
£25,000
7%
£36.4m
<1%
Asset
Backed
Lend Invest
Apr 2013
£10,000
7.80%
£132.4m
N/A
Asset
Backed
Wellesley & Co.
Nov 2013
£10
6.76%
£100.5m
1%
Provision
Fund
Money & Co
Jun 2014
£10
6%
2.65m
1%
Asset
Backed
ThinCats
Jan 2011
£1,000
10%
£79.8m
2.69%
Asset
Backed
Funding Empire
Nov 2012
£20
4-15%
£95k
<1.5%
Asset Backed
on loans over
£50k
Rebuilding Society
Sep 2012
£20
16.9%
£3.96m
1.85%
Asset
Backed
FundingKnight
Jan 2013
£25
10.7%
£7.98m
0.5-2%
Asset
Backed
Prop Lend
Aug 2013
£5,000
5-15%
N/A
N/A
Asset
Backed
Be The Lender*
suspended trading
August 2014
Mar 2013
£10
8.4%
N/A
<1%
Provision
Fund
You Angel
Mar 2011
£100
6-10.5%
£22k
0.5-4%
Compensation
Fund
Relendex*
commercial
property only
May 2013
£500
Up to 10%
N/A
N/A
Asset
Backed
ArchOver
June 2014
£5,000
5%
N/A
N/A
Asset Backed
and Insured
SOURCE:
Intelligent Partnership (data as at 31/10/2014)
