The 30DAA allows peer-to-peer investors to place funds automatically in loans and features automatic diversification to spread risk.

The rise in interest rate is claimed to be one of the first occasions this year whereby a major peer-to-peer platform has raised rates on one of its core accounts and investors have until 11th May to take advantage of the offer.

“The 30-Day Access Account has been very popular since its introduction nearly a year ago,” said Stuart Law, CEO of Assetz Capital (pictured above).

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“Recently Assetz Capital has experienced particularly strong growth in borrower demand as a business and has flourished while many other platforms have struggled, which has led to some of them dropping rates on their key accounts.”

The 30DAA invests in both short- and long-term loans with interest being earned and paid monthly.

Investors can automatically place any amount from £1 in a diverse portfolio of secured business loans which have passed Assetz Capital’s strict credit checks. 

“The 30-Day Access Account opens up the world of P2P lending to new investors who want the chance to earn a fair return, but also have a degree of liquidity on their invested capital in normal market conditions,” Stuart added.

“The account is already a hugely popular and competitive choice in the P2P market and we’re expecting to see a sharp increase in lenders who take up this attractive, limited time offer.”