Tagged: assetz capital

February 22, 2021 @ 7:34 am By Omar Faridi  |  

Chris Macklin, Chief Risk Officer at Assetz Capital, a peer-to-peer lender that originates secured loans, has provided a loan book update. As noted in a blog post by Assetz Capital, Macklin explained how the platform managed the loan book during the COVID-19 pandemic and shared… Read More

February 11, 2021 @ 9:07 am By Samantha Hurst  |  

Assetz Capital, a peer to peer lender that originates secured loans, announced on Wednesday it is set to accept approaching £100 million of new IFISA investment immediately and is looking forward to a bumper ISA season as the only lender of significant scale left in… Read More

November 11, 2020 @ 9:13 am By JD Alois  |  

Linell Homes Limited (LHL) says it is resuming the construction of 10 residential dwellings close to Wakefield City Centre due to a £2.1 million CBILS loan provided by  Assetz Capital. LHL says it was compelled to pause construction due to the nationwide lockdown but the… Read More

October 28, 2020 @ 10:19 am By JD Alois  |  

Assetz Capital, a peer to peer lender that originates secured loans, has received an additional £25 million from the British Business Bank for the UK Coronavirus Business Interruption Loan Scheme (CBILS). In March, Assetz Capital received £15 million from the British Business Bank to help… Read More

October 7, 2020 @ 7:13 am By JD Alois  |  

Assetz Capital, a peer to peer lenders, says it has completed its securities offering on Seedrs that was matched by Future Fund money. In total, Assetz Capital raised £1.5 million with half of that amount coming from retail investors. The Future Fund is used for… Read More

August 28, 2020 @ 8:48 am By JD Alois  |  

Assetz Capital is reporting that its secondary market has processed around 4,000 trades totaling around £6 million in its first two weeks of operations. The company states that buyers took advantage of discounts and sellers took advantage of that demand to withdraw some capital quicker… Read More

August 22, 2020 @ 2:26 pm By Omar Faridi  |  

Stuart Law, CEO at Assetz Capital, a peer to peer lender providing secured loans to businesses, argues that residential property in the UK will be the primary beneficiary from COVID-19’s negative impact on the nation’s retail industry. As reported by Peer2Peer Finance, there’s an improvement… Read More

August 19, 2020 @ 8:11 am By JD Alois  |  

Peer to peer lender Assetz Capital has announced a partnership with Aros Kapital to assist with lending under the Coronavirus Business Interruption Loan Scheme (CBILS). Assetz Capital was approved for accreditation as a CBILS lender in May. Gustav Rocklinger, CEO at Aros Kapital Limited, stated:… Read More

August 12, 2020 @ 10:12 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it has launched its new Access Account Marketplace. According to Assetz Capital, the marketplace allows investors to apply a discount when buying and selling Access Account loan holdings. “Access Account investors can now choose whether to… Read More

August 6, 2020 @ 9:03 am By JD Alois  |  

Assetz Capital, a peer to peer lender providing secured loans to businesses, has applied for a £10 million Banking Competition Remedies (BCR) Pool E grant, according to a note from the company. Assetz Capital states that it has submitted an application for Pool E that… Read More

July 21, 2020 @ 2:00 pm By JD Alois  |  

The 36H Group launched in January of 2020 as the unified voice for lending platforms that accept retail investments. 36H replaced the UK Peer to Peer Finance Association, a group that had long been a prominent advocate for the emerging P2P lending sector – a… Read More

July 12, 2020 @ 11:21 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital is set to close its fourth equity crowdfunding campaign on Seedrs with nearly £700,000 raised from close to 600 Seedrs investors. The funding round was launched last month to raise a minimum of £500,000.  As previously reported, Assetz Capital… Read More

July 8, 2020 @ 9:42 am By JD Alois  |  

In a speech today entitled “Plan for Jobs” by the Chancellor of the Exchequer Rishi Sunak, he announced the elimination of the Stamp Duty at a certain threshold in a move to improve the UK housing market. The Chancellor explained: “… to catalyse the housing… Read More

June 17, 2020 @ 2:50 pm By JD Alois  |  

Assetz Capital, a secured peer to peer lender operating in the UK, recently launched a securities offer on Seedrs. Assetz Capital claims to be the second-largest peer to peer business lender in the UK. In about a week, Assetz Capital raised its £500,000 minimum target… Read More

June 3, 2020 @ 7:47 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it is returning to the Seedrs equity crowdfunding platform for the fourth time to raise a minimum of £500,000. As previously reported, Assetz Capital is described as a provider of alternative funding sources to SMEs and Property… Read More

May 6, 2020 @ 7:31 am By JD Alois  |  

The British Business Bank has announced nine new lenders for accredited under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60, according to a release. The new lenders include: Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social… Read More

April 8, 2020 @ 10:58 am By JD Alois  |  

Assetz Capital, a peer to peer lending marketplace, held a vote of platform investors on providing forbearance to borrowers during the COVID-19 pandemic. Assetz Capital reports that investors have “overwhelmingly” voted to provide relief and to extend loans for an initial three months, where needed…. Read More

March 14, 2020 @ 3:39 pm By JD Alois  |  

Assetz Capital has received £15 million in funding from British Business Investments (BBI). According to Assetz Capital, this is the first time a property-focused marketplace has received funding from BBI, a subsidiary of the British Business Bank. Assetz Capital states that the funding will support… Read More

March 5, 2020 @ 7:01 pm By JD Alois  |  

Assetz Capital, a UK based peer to peer lender, has topped £1 billion in online lending. Assetz Capital surpassed £500 million in lending in June of 2o18 so the platform is picking up steam. Launched in 2013, Assetz Capital provides access to credit for SMEs,… Read More

July 7, 2019 @ 9:25 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital completed its equity crowdfunding round on Seedrs with nearly £1.9 million in funding. The campaign was launched earlier and quickly raised its initial £1 million. It also drew in more than 1,000 investors during its run.  Assetz Capital is… Read More