Assetz Capital ready to welcome further £100m of IFISA investment

Assetz Capital has the capacity to accept approaching £100m of new IFISA investment immediately and is looking forward to a bumper ISA season as the only lender of significant scale left in the market this year.

The peer-to-peer lender – who has lent over £1bn to UK businesses – is now the only large player still accepting new retail investment. With ISA season just over a month away, CEO Stuart Law wants to ensure investors know there is a home for their IFISA at Assetz Capital.

Stuart said: “We’ve seen a number of platforms exit the retail market in recent months, as well as some not having the capacity to accept any IFISA contributions, leaving us as the largest retail peer-to-peer lender in the UK. We feel a responsibility to bang the drum for our industry and the positive impact we can have on both lenders and borrowers alike.

“We could accept approaching £100m of new IFISA investment tomorrow and it would be invested in our existing diverse loan portfolio with no delay and start generating interest. That gives an indication of our scale and ambitions.

“If you are looking for an alternative to Ratesetter, or are completely new to the IFISA market, we are ready to welcome you.”