|Minimum Investment?||£1 on the platform and £10 in an individual loan|
|Target Rate of Return?||8.70% Gross Per Annum*|
|Fees?||No fee for opening an IFISA account. However, they collect 1% fee on each repayment to the investor.|
|Term?||Variable - on average between 1-5 years. However, investors can access their capital by selling their investment on the exchange (secondary market)|
Investors select the opportunities (carefully hand-picked and approved by Crowd2Fund) listed on the platform that they wish to invest in – and make the investment using a direct bank transfer or debit card.
However, they collect 1% fee on each repayment to the investor All repayments are made back to investors Crowd2Fund accounts on a monthly basis. After investors have activated their IFISA, any lending on the platform will be automatically allocated towards their IFISA allowance until the limit has been met for that year.
Investors can also use the Smart-Invest feature: investors choose an initial investment amount and desired interest rate (they set-up their savings plan) and we do the rest automatically.
What Makes the Crowd2Fund IFISA Different?
By investing through Crowd2Fund, investors are directly lending their money to individuals, asa private investor, rather than through a middleman who takes a cut and all the interest goes back to them. Crowd2Fund is one of the only peer-to-peer lending platforms that lets the investor directly select the individual businesses they want to invest in.
*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 gross return. This means that the return figure reported over 12 months does not take in to account any platform fees or charges nor any tax that may need to be paid by the investor. We present an annualised figure regardless of term for comparison purposes only