October 1st, 2015

Local MP visits Assetz Capital

Having lent £80 million in two years, much of which was invested in businesses in the North West it was great to show Mr Wragg how Assetz Capital is  making a positive difference to the local economy – now, and in to the future.  

We have experienced strong growth since opening our doors to lenders in 2013, quickly becoming one of the top UK peer-to-peer lending alternate finance platforms, as well as one of the fastest growing businesses in Stockport.

William Wragg, MP, commented: “Numerous businesses in Stockport are doing exceptional things for the local economy, and beyond. Assetz Capital is also driving positive change in the financial industry – for both disillusioned individual investors, and SMEs.

“It’s vital that SMEs get the financial support required to grow, and the government has put extensive measures in place to make sure this happens. Peer-to-peer lending and therefore Assetz Capital is clearly at the heart of this so I’m looking forward to seeing our local business thrive in the coming years.”

Having recently agreed a partnership with the Royal Bank of Scotland (RBS) in January, we are looking forward to continuing our growth. Just two years since our launch, Assetz Capital has successfully raised capital of £3.2 million on equity crowdfunding site, Seedrs. Such activity has meant that our office has grown by 20 staff, and is set to expand further as we approach 2016.

We are beginning to take an active role in the community as well, having recently partnered with Sale Sharks and begun sponsoring player Will Addison.

While there is still a lot of work to do, the growth we have seen in the past two years has been hugely encouraging and is a testament to the demand of both SMEs and investors looking to make their hard-earned money work harder for them.

We’re continuing to innovate and the recent, successful launch of our suite of accounts is testament to our dedication and desire to change the financial services sector for the better.

To find out more about how peer-to-peer lending can benefit a community, click here.

As with most forms of investment, peer-to-peer lending carries a degree of risk to your capital; in this case if the borrower is unable to repay their loan. At Assetz Capital, we seek to reduce this risk to our investors by taking asset security on every loan.