Asset Finance  through peer Lending

We are pleased to announce that we have partnered with InvestUp to have our loans placed on their platform for lenders.

The platform is essentially an aggregator of peer lending and crowd funding loans and equity. We have been wary of aggregators so far as they didn’t seem to add anything into the value chain for lenders. Our conversation with the team at investUP gave us comfort that they were as passionate about providing value for investors as we are. Our partnership with the platform gives us exposure to their 1800 registered users and we also believe that the team are as committed as we are to providing more and more tools for the investing community.

What will it mean for our lenders? Not a lot in reality, we are continuing the development of the new platform and adding in more investor based tools. What we hope will come from this partnership agreement is that more lenders will be exposed to our loans and we will also be able to work with the InvestUP team to give a superior experience for their users and ours.

James Tuckett, Managing Director at investUP, said: “We live in an age where crowdfunders are demanding more and more deals, yet are faced with a myriad of crowdfunding site choices. Looking for a single crowdfunding site to start a portfolio can be difficult and time consuming. We take the view that, as the crowdfunding supermarket, crowdfunders using our platform should be able to lend and invest in deals from all the key players across the entire market. We are very excited to introduce our newest partner and look forward to delivering the highest quality of investments to our current and future users.”

As an aside, our platform development continues to move forward at a pace and we have been testing the first release of the code. The image above is a little sneak peak of what it will look like. We can’t wait to let you get your hands on it as we feel that it will be industry leading and you will love it!