Stuart Law

Assetz Capital lends over £110m to businesses in six months




Assetz Capital has announced in its half-year results that it lent over £110m to businesses between April and September 2017.

The peer-to-peer alternative finance platform also reported that it had achieved a seven-figure, pre-tax profit during the same period.

Assetz Capital recently announced that its investors had earned total gross interest of £30m since 2014.


The platform has facilitated £300m worth of trading on its secondary market since March 2013.

Stuart Law, CEO of Assetz Capital (pictured above), said: "We have reported considerable growth and stability over the past four years, and now that profitably has been consistently achieved in parallel to that strong growth, we continue to go from strength to strength. 

“While many in this market are obsessed purely by lending totals, we believe there are other strong measurements of success that must be achieved to have a sustainable company that is a solid and large-scale institution of the future.

“Two of these are profitability and strong net returns for investors, and we continue to post strongly in both of these areas.”

Assetz Capital received full authorisation from the FCA in September and announced its intention to launch its Innovative Finance Isa (IFIsa) in Q4 2017.

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