Stuart Law

Assetz Capital extends spring bonus offer

Assetz Capital has prolonged its spring bonus offer which allows investors to earn an additional 1% gross target interest on all new funds.

Investors will now be able earn the additional target interest until 30th June 2018 on all new funds lent before Sunday 15th April.

The P2P business lender saw £1.5m of new funds invested on to its platform on the original closing day of the promotion alone.

Platform users who invested after the original closing date of 4th April are automatically eligible, receiving the additional interest as a lump sum paid within 30 days of the end of the promotion.

Stuart Law, CEO at Assetz Capital (pictured above), said: “We’ve seen very high levels of demand for our 1% spring bonus, with more investors than ever signing up to our platform over the last few months.

“With the beginning of the new tax year, we’ve decided to extend our offer as a way of showing our appreciation to both longstanding and new investors who may be looking to make the most of the new 2018/19 Isa allowance as well as making transfers from existing cash and equity Isas. 

“These transfers from other Isa platforms, such as banks and stockbrokers, may not happen particularly quickly, so the extension of this promotion might also help the hundreds of people subject to these delays.”

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