Tagged: stuart law

Due to Strong Investor Demand: Assetz Capital Extends Promotional Rate Increase

UK-based peer-to-peer lender Assetz Capital announced on Friday it is extending the deadline on its 30-Day Access Account promotional rate from May 11th to midday on June 6th. According to the online lending platform, since the rate increase went live on April 13th, investors have had access to a target, capped return of 4.75% per annum… Read More

Assetz Capital Pulls in £10m of New Investments with Rate Increase

Assetz Capital is reporting that a key promotional interest rate increase is having the desired impact. According to the peer to peer lender, £10 million in new investment has been received in just three weeks. The rate increase went live on 13 April giving new… Read More

Assetz Capital Expansion Continues with New Hire for South Wales

Peer-to-peer lender Assetz Capital has appointed former Handelsbanken Branch Manager and Barclays Business Development Director, Mark Standley, to oversee their South Wales operations. Prior to his roles at Handelsbanken Cardiff and Bridgend, Standley was with Barclays leading a mid and large corporate business development team… Read More

On 4 Year Anniversary Assetz Capital Has Lent £240 Million & Expects to Double That in the Next Year

Peer to peer lender Assetz Capital is celebrating four years in operation. The platform reports that during these past years, it has originated £240 million in lands. Assetz Capital plans to double the figure within the next 12 months. “We’ve seen the company go from… Read More

Assetz Capital Temporarily Increases Interest Rate on 30-Day Access Account

Assetz Capital, a UK-based peer-to-peer finance platforms, has raised the interest rate on its 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.  The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. The… Read More

Assetz Capital Milestone: Hits £30 Million in UK Wind Turbine Project Funding

UK-based peer-to-peer finance platform Assetz Capital announced on Friday it has officially provided £30 million in funds for the development of renewable energy projects throughout Britain. The online lender revealed that during the past three years it has funded nearly 40 green energy projects, with… Read More

Assetz Capital Continues to Maintain Defaqto 5-Star Status For Loan-Based Crowdfunding Category

Peer-to-peer lending platform Assetz Capital recently announced it is maintaining its 5 Star Rating from Defaqto in the independent financial information business’ “Loan Based Crowdfunding” category. The online is now one of only two platforms to have achieved the highest rating awarded by Defaqto.  Assetz Capital reports that… Read More

Final Spring Budget: Alternative Finance Provides Feedback on Chancellor of the Exchequer Philip Hammond’s Announcements [u]

Chancellor of the Exchequer Philip Hammond delivered the final Spring budget today. Many policy questions persist as the UK separates itself from the European Union: Will the UK be able to maintain its leading economic status in Europe? Will the UK hold onto its dominance… Read More

Assetz Capital CEO Stuart Law Predicts Boost for P2P Sector in Upcoming Budget

Stuart Law, CEO and co-founder of P2P lender Assetz Capital, expects a boost for the peer to peer lending sector in the upcoming budget. Specifically, Law believes a small business tax rise and IFISA rule change could boost the online lending sector. “In just a few… Read More

Assetz Capital Embraces Local Presence to Boost Online Lending

As traditional banks reduce their physical presence across the country some online lenders are increasing their brick and mortar operations.  Assetz Capital is investing in their regional team and, in fact, grew their numbers by 110% during 2016. Stuart Law CEO and co-founder of the P2P… Read More

Assetz Capital Pushes Into Northern Ireland, Hires Former Santander Director

  Peer to peer lender  Assetz Capital has hired former Santander Director Andrew Fraser to manage Northern Ireland operations.  Fraser’s role is to help local businesses acquire finance through the peer-to-peer platform as Assetz Capital expands its business. Fraser joins Assetz Capital from Santander UK Corporate and Commercial.  In his… Read More

Housing Whitepaper: Government Actions May Boost Online Lenders

The Housing Market is broken in the UK. The demand / supply imbalance has driven up prices of residential property not just in London but across the UK.  While good for sellers, buyers have struggled.  The UK government has recognized the economic challenge and has… Read More

Stuart Law of Assetz Capital Predicts Big Demand for New Investment in Housing

The UK government is expected to publish soon a White Paper on the UK housing challenge. Housing starts are at an all time high but hurdles remain as demand continues to outstrip supply. Expectations are for “radical plans” to be outlined to help the government… Read More

Assetz Capital CEO Stuart Law Shares His 2017 P2P Lending Predictions

Nearly one month after ringing in the new year, Stuart Law, CEO and co-founder of peer-to-peer lending platform Assetz Capital, provided his alternative finance predictions for 2017.  Law’s upcoming year’s predictions come just after Assetz Capital announced it originated £200 million in loans since launching in 2013. As previously reported,… Read More

Assetz Capital Hurdles £200 Million in Lending to SMEs

Record Year for Assetz Capital as £108 Million lent to Small Business in 2016. Assetz Capital, a peer-to-peer lending platforms, has announced having originated £200 million in loans since launching in 2013. The alternative finance platform targets small and medium-sized UK businesses and also helps property… Read More

Assetz Capital Lends £105 Million to UK Businesses During 2016

Assetz Capital is reporting that it has lent approximately £105 million in 2016.   The peer to peer lender is not claiming the title of the UK’s 3rd largest P2P lender for SMEs. Founded in 2013, Assetz Capital says it is now the UK’s fastest… Read More

Assetz Capital’s Record-Breaking Month: Lends £26 million in November 2016

Assetz Capital announced on Friday that November 2016 was officially the peer to peer lender’s most successful month ever. The website confirmed it lent £26 million to users, £100 million for 2016.  Commenting on the online lender’s November success, Stuart Law, CEO of Assetz Capital, stated:… Read More

Assetz Capital Appoints Rob Pailin As New Chief Commercial Officer

UK peer to peer lender Assetz Capital announced on Tuesday it has appointed Rob Pailin as its Chief Commercial Officer and member of the board of directors. Pailin reportedly joins Assetz Capital from RBS Corporate, where he was managing director of the bank’s corporate business in… Read More

CEO of Assetz Capital Stuart Law: NS&I Savings Bond is Ridiculous

The NS&I Investment bond as described in the Autumn Statement was created to provide savers with a higher rate of return. The indicative rate is 2.2% but the rate may be adjusted according to market conditions when it is launched in the spring of 2017. The… Read More

Assetz Capital Reports £15 Million in Interest Paid to Investors

Peer to peer lender Assetz Capital has reported that investors have now earned £15 million in gross interest since platform launch in 2013.  The P2P lender has focused on provide access to capital for UK SMEs while give investors a viable investment alternative. Assetz Capital… Read More

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