Why Manual Lending?
If you like to be in control of your investments, our Manual Lending Account gives you the freedom to choose which loans to invest in at your own pace.
Our dashboard gives you access to our extensive loanbook that allows you to: review credit reports, prioritise loans and keep track of the market by logging your own notes.
Up to 12%
Gross interest rate available to lenders from loans currently listed on the Assetz Capital platform.
Total loans available
Total net investment
Manual Lending Account
Our accounts offer different interest rates and may differ slightly in terms of other features. If you’ve not invested with us before or it’s your first time using this account, we recommend you read our Key Account Information before continuing.
What's the likely yield?
It varies from loan to loan, from 4.5% to up to 12% p.a. (based on loans currently listed on the Assetz Capital platform and before tax and possible losses).
When can you take out your money?
If you don’t want to stay invested for the duration of the loan, you can exit early via our Aftermarket. You can sell some or all of your investment to other investors who want to buy the loan from you. Once you’ve set a sell order, we’ll do this automatically for you – but we can’t guarantee how long that’ll take, as it depends on demand from other investors. If your loan holdings cannot be sold on the Aftermarket due to a lack of demand from other investors you will have to hold them until they can be sold or until the loans are redeemed.
Does it have a discretionary Provision Fund?
No. This is the only one of our accounts without a Provision Fund – so you can expect it to have the highest gross return (before tax and any losses) on our platform as none of the loan interest is being directed to a Provision Fund.
Who chooses which loans to invest in?
You do, through your dashboard. We give you access to credit reports and the ability to make notes to inform those decisions.
It’s a good idea to spread your investment across several loans, to spread the risk – but you’re free to do as you like.
If you’re not confident doing that yourself, we offer a range of automatic accounts that you may wish to consider.
Are the loans secured?
Yes. We only offer loans that are secured by one or more of the following: property, land, equipment, stock, machinery, debtors or other assets. We may also accept personal guarantees as extra security on top. Please note that asset security cannot guarantee that there will be no loss. Even with security, please remember that your capital is at risk.
Can this account be included in an Assetz Capital IFISA?
Yes, you can use your tax-free ISA allowance to invest. Or if you have previous years' ISAs, you can transfer them in part or in full. Read more about our IFISA here.
The Provision Funds we offer do not give you a right to a payment so you may not receive a pay-out even if you suffer loss. The funds have absolute discretion as to the amount that may be paid, including making no payment at all. Therefore, investors should not rely on possible pay-outs from the Provision Funds when considering whether or how much to invest.
Please see also our Provision Fund policy