The peer-to-peer finance platform has also received £400m of redemptions, made separately through direct access accounts. 

Assetz Capital believes that the results highlight the demand by investors for liquidity ahead of natural loan repayments, and the matching demand for new investors to take the other side of those trades.

•   Assetz Capital slashes commercial mortgage rates
•   Assetz Capital investors earn £25m to date
•   Assetz Capital posts record quarter

To date, 28% of Assetz Capital’s loans have been traded through the secondary market. 

Assetz Capital said that trades on the secondary market have given a whole new range of investors access to loans in the platform’s various non-access accounts, including the manual loan investment account, Great British business account and green energy income account. 

The platform added that secondary market trading was important for those who find they need access to their cash sooner than the end of the loan term and also to assist in them rebalancing their portfolio diversification over time. 

“We’re proud to be one of the few peer-to-peer lenders to have such an active secondary market, which is vital as our nascent industry continues to grow and mature,” said Stuart Law, CEO of Assetz Capital (pictured above). 

“It is both important for investors to know that when they invest they are potentially holding loan investments to term (from one to five years typically), but at the same time, we think investors need sensible and low costs of accessing their capital early if necessary, subject to other lenders wanting to buy their loans. 

“We have enabled this to a great scale and continue to charge zero fees on such access or aftermarket trades.”