Supporting British business

Supporting British business

The Great British Business Account Series 2 allows you to support UK businesses, while offering competitive returns.

The Great British Business Account Series 2 allows you to support UK businesses, while offering competitive returns.

This account qualifies for our ISA, where up to £20k of your investment is tax free.

What is the Great British Business Account (GBBA) Series 2?

The Great British Business Account (GBBA) Series 2 is a vehicle to support UK businesses and the wider economy. It offers a capped, target interest rate for investors of 6.25% p.a. gross. Your money is automatically invested in business loans with asset security. You can withdraw your money at any time, subject to demand from other investors – otherwise you will receive your interest regularly and your capital when the loans mature which is typically between six months and five years.

This account offers a competitive rate of return and helps to support UK businesses.

The Great British Business Account (GBBA) Series 2 is successor to the original Great British Business Account.

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Interest is quoted gross and is capped at the quoted rate although actual returns could be lower. Target interest rates should be considered along with the relevant investment account expected defaults and losses. Annualised projected return after expected losses for the new GBBA is currently 6.25% gross (based on stress testing of the GBBA's Provision Fund - see here for further information). Past performance does not guarantee future performance. This is an investment in peer-to-peer loans - it is not a bank account. Investment in peer-to-peer loans is not protected by the Financial Services Compensation Scheme (FSCS). Capital is at risk.

How the account works

Find out more about interest rates, protection and access times on this account by clicking here. If you’ve not opened an Assetz investment account before, we recommend you read this first.

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