Downing Crowd is the online crowdfunding platform of Downing LLP, a London-based investment manager which is proud to have raised over £1.7 billion with some £800 million of funds under management.
Established in 1986, Downing brings decades of investment management experience to crowdfunding, creating opportunities for investors to diversify their portfolio by lending directly to UK businesses via bonds secured on tangible assets.
The first Downing Crowd Bond, Kenninghall Solar, sold out within two weeks. Secured on an operational solar farm in Norfolk, the £3.2 million one-year Bond offered 6.25% p.a. (including early-bird bonus). Investors in this Bond received their final interest payment, together with capital repayment, on 6 April 2017.
Downing has recently launched an Innovative Finance ISA (IFISA), allowing investors to earn interest on Crowd Bonds, tax free - an attractive prospect in the current low interest environment, coupled with rising inflation.
With Crowd Bonds typically offering interest rates of 4% p.a. – 7% p.a. and the 2017/18 annual ISA allowance at £20,000, this really sets Crowd Bonds and the IFISA apart for those savers and investors happy to take more risk.
However, the IFISA is not the same as a Cash ISA and capital is at risk and is not protected by the Financial Services Compensation Scheme deposit scheme. Please note, terms and conditions apply and tax treatment depends on the individual circumstances of each investor.
For over 20 years Downing has been designing and managing investment products that help investors look after their financial wellbeing, from inheritance tax planning to the provision of long-term income.
Downing places high importance on making sure investors have all the information they need to make an informed decision. To make it clear where your money is going, a full Offer Document is provided for each Crowd Bond, which gives details about:
• the business that is raising the funds;
• the key risks involved with investing;
• the value of the underlying assets;
• any conflicts of interest; and
• the due diligence that has been undertaken.
Many of the businesses issuing Crowd Bonds on Downing’s platform have previously been investments other products Downing manages. This gives Downing a strong understanding of the business fundamentals and the management team. Due diligence is undertaken on each Crowd Bond and is outlined in full in the Offer Document.
Should the Borrower default on the Bond, Downing – as security trustee – has the right to step in and take over the asset to try and repay some or all of your capital and or interest.
Downing’s annual monitoring fee is contingent on investors receiving their capital and interest at the end of the investment term.
How it works
Registering with Downing Crowd is straightforward: simply visit www.downingcrowd.co.uk and complete the short online registration form to become a member. Once you’ve signed up and verified your email address, you can view full details of live bonds.
Members of the platform also benefit from exclusive access to upcoming Bonds before they launch to the public – enabling you to take advantage of attractive early bird interest rates.
Becoming a member enables you to open a Downing IFISA, and manage your investments through the online portfolio.
Minimum investment amounts can be as low as £100, allowing investors at any level to be a part of the Downing Crowd.
Once the offer closes, there is a 14-day 'cooling off’ period, when you can change your mind about investing. Please refer to the Terms and Conditions for more information.
*NB: Projected Annualised Return
*This figure has been provided by the partner platform and not by OFF3R. It has been calculated as a projected annualised net return taking in to account platform fees and charges but before any tax is paid by the investor. We present an annualised figure regardless of term for comparison purposes only.