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Assetz Capital sets capital flows record in November

November was Assetz Capital's best month ever with GBP26 million worth of capital flowing through the peer-to-peer (P2P) platform.

Assetz Capital, launched to the public in early 2013, aims to help British small and medium sized businesses and property developers with their funding requirements. 
 
To date over GBP185 million has invested through the platform, typically earning investors gross rates of return between 3.75 per cent and 15 per cent per annum. â€¨â€¨
 
Each of the businesses receiving funds through Assetz Capital has provided tangible assets to provide security for P2P investors while mitigating risks.
 
As a result, Assetz Capital has one of the lowest loan default and loss rates in the market and has been trusted by more than 16,000 investors to date. â€¨â€¨
 
Stuart Law, CEO of Assetz Capital, says: "Last month the team really outdid themselves, leading to our most successful month ever. Assetz Capital is now the third largest business and property P2P lender in the UK, according to independent data tables. With a long term growth plan firmly in place and the addition of Rob Pailin as our new chief commercial officer, in 2017 we expect to increase lending even further and we have now lent GBP100 million so far in 2016.
 
"Amidst financial uncertainty across the whole of Europe, investors looking for a return on their capital are increasingly turning to alternative finance methods to grow their portfolio. The Peer to Peer lending sector has proven its worth in supporting SMEs and their finance requirements and we expect it to continue to be a major net lender in the UK."

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