Peer to Peer lending is becoming more and more high profile. As investors are looking for a new asset class with better returns, and also as banks shrink balance sheets, financing for Small and Medium Enterprises is getting harder and harder.

Thus we are seeing a real growth in peer to peer lending for businesses, and a high profile operation is Assetz Capital.

They have just launched a new fund called the Great British Business Account (GBBA)

https://www.assetzcapital.co.uk/our-investor-accounts/gb-account/

Yes, a return of 7% and back by a provision fund. Like any investment, there is a risk to one’s capital, but with Assetz Capital they take security on loans generates, and with this fund, an upfront provision fund has been set up to provide added security.