Assetz Capital and Aros Kapital have announced an expansion of their partnership in the UK lending market. This is expected to see Assetz Capital deploy more than £200m of Aros Kapital’s funding across various sectors in 2024, “as part of their overall lending volumes.” Having… Read More
Assetz Capital continues its strategic expansion, by appointing David Allanson to its Board as a Non-Exec Director. Following a 30 year+ career in commercial lending, latterly as Regional MD, Lloyds Corporate Banking, David has for the last 6 years “taken up several non-executive/board advisory roles,… Read More
Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More
Assetz Capital plans to lend £1 billion to homebuilders in 2022 before ramping it up 50 per cent in 2023 to £1.5 billion, the company said this week. The announcement was made by parent company Assetz. The move is designed to stimulate demand amongst SME… Read More
Assetz Capital has now been accredited as a recovery loan scheme lender. The team at Assetz Capital, which serves as a marketplace lending platform, notes that the lender will be delivering property-secured loans “between £250,000 and £10m” to SMEs across the United Kingdom, covering commercial… Read More
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
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
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
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
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
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
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
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
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
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
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
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
On Friday, Assetz Capital announced it has reached a record number of loans available to investors using our Manual Lending Account (MLA), with well over 200 live loans with loan parts available for immediate investment on the secondary market. According to the online lender, the MLA allows hands-on… Read More
On Tuesday, Assetz Capital announced the appointment of three new members of its team. Jason Roper was named Relationship Director for the North West; David Hardman was appointed Credit Manager, and Karl Kent was named Remote Relationship Director for South Yorkshire. According to Assetz Capital, Kent joined… Read More
UK-based online lending platform Assetz Capital announced on Wednesday that over 2,000 investors have registered for an Assetz Capital Innovative Finance ISA (IFISA) since its launch, surpassing the 2,000 accounts opened across the entire peer-to-peer (P2P) industry in the 2016/17 tax year. The online lender… Read More
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