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Assetz Capital Review

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By on 30 May, 2018 | Read more by this author

This is an Assetz Capital review has been written by one of 4thWay's experts. You can find this review as well as quick expert reviews on most other peer-to-peer lending companies in our comparison tables.

4thWay's Quick Expert Assetz Capital Review

Fantastic results from unique property and secured business loans

Assetz Capital Review: their best-rated lending account

Assetz Capital review: Exceptional 3 PLUS Rating for Property Secured Account

Assetz Capital's Property Secured Account received an Exceptional 3/3 4thWay PLUS Rating

This account targets a payout of 5.64% (5.5% if you don't re-lend repayments) after bad debts.

Read about the 4thWay PLUS Ratings, compare more peer-to-peer lending accounts or visit Assetz Capital*.

Assetz Capital* is established and large, with lending in the hundreds of millions since 2013. Its key team has a huge amount of relevant experience in property and business loans and it ensures that the properties are worth substantially more than the loans. It hires in risk-modelling experience to complete its skillset.

Assetz Capital takes substantial real property (real estate) as the main security even on its small business loans, which is unique among secured business lending P2P sites. The loan is rarely more than 75% of the property's valuation, which is a good maximum amount. Assetz often secures the loan on other business equipment and possessions too.

Assetz Capital is transparent, answering the vast majority of our questions in detail, providing access to key people and the data we need to see analyse individual loan performance.

So far it has a great record in recovering most of the bad debt, which is a testament to its policy of taking measurable security on all loans. I expect recoveries on outstanding bad debts to improve further still.

While it can recover bad debts more easily than most, I think that it needs to work on processes and risk models that reduce the number of loans that go bad in the first place.

Since the focus is on recovering bad debts rather than preventing them from occurring in the first place, be prepared for delays in getting some of your money back and interest payments on any loans that go bad, except perhaps with the 30-Day and Quick Access accounts, which have some extra cash in them to make it easier for you to receive your repayments and exit punctually.

We believe current lender interest rates are more than adequate for the risks involved, especially when combined with its reserve fund to cover expected losses (or, in the case of Assetz' Manual Lending account, with the higher interest rates you can earn).

Assetz’ financial health appears to be good, with the superficial information we have. It states that it made £1 million in profits recently, and its huge success in marketing and growing its loans, as well as paying out over £15 million in interest to lenders in just three years, indicates it could be well placed to keep on going.

Assetz Capital* also has opportunities for active, interested lenders to pick individual, high-quality loans – if you choose – backed by lots of property or business assets, which could help you further lower your risks and increase your rewards. Or you let Assetz Capital automatically spread your risks.

Visit Assetz Capital*.

Independent opinion: the opinions expressed are those of the author and not held by 4thWay. 4thWay is not regulated by the ESMA or the FCA, and does not provide personalised advice. The material is for general information and education purposes only and not intended to incite you to lend.

All the experts and journalists who conduct research and write articles for 4thWay are subject to 4thWay's Editorial Code of Practice. For more, please see 4thWay's terms and conditions.

*Commission and impartial research: our service is free to you. We already show dozens of P2P lending companies in our accurate comparison tables and we keep adding more as soon as they provide us with enough details. We receive compensation from Assetz Capital and other P2P lending companies not mentioned above when you click through from our website and open accounts with them. We vigorously ensure that this doesn't affect our editorial independence. Read How we earn money fairly with your help.

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Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

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Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Orchard’s interest rates different?

Orchard’s lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Orchard’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×
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