Our statistics

At Lending Works we love data, so we've provided some interesting facts and figures about our performance for you to dig through.

With investments, your capital is at risk.

Figures below are updated daily
Total amount lent £206,075,139
Total amount under management £94,984,724
Total number of loans 32,911
Data below correct up to 31/10/2019 | Q4-19 update due by the 31/01/2020

Performance

This section allows you to assess our track record of delivering consistent returns to investors. Our leading metric is the 'Expected annual return' received by investors over the lifetime of the loans in their portfolio, which should be considered alongside risk metrics when analysing the performance of your investment.
Expected annual return Expected annual investor return, by year of origination. Expected returns have remained very consistent, other than in 2017 when we launched our ISA and were oversupplied with lending capital. We expect returns to remain consistent in the future, too.
Weighted average APR Average APR by year of origination, weighted by loan principal amount. As we’ve grown, we’ve prudently expanded our risk appetite and average APR to meet demand from a wider pool of borrowers. We do not expect the average APR to increase materially in the future.
Expected annual loss rate Expected annual loss rate, by year of origination. Loss rates have increased over time, in line with our risk appetite expansion. We do not expect annual loss rates to increase materially in the future. Loss rate ranges narrow as each cohort reaches maturity.
Lifetime default rate Lifetime default rate by months on book, excluding recoveries. Lifetime default rates have increased over time, in line with our risk appetite expansion. We expect lifetime default rates for 2018 and 2019 to track broadly in line with 2017.

Lending Works Shield

Total amount outstanding
(covered by the Shield)
£92,533,239
Shield cash balance
(0.45% of total amount outstanding)
£412,131
Shield future income
(5.81% of total amount outstanding)
£5,378,200

The Lending Works Shield is now predominantly funded by a proportion of the interest payable on the loan portfolio (known as net interest margin). As such, the cash balance does not reflect the overall loss coverage. This allows us to reduce upfront loan arrangement fees, making the loans more attractive to borrowers. Out of all active loans, 0.38%, of the outstanding borrowing has been paid by the Shield.

The Shield cash balance is the actual amount of cash currently held by Lending Works Trustee Limited to cover missed payments and defaults as they arise. The balance is topped up each day as loan repayments are made by borrowers.

Investors

Number of investors 6,681
Average investor lent value £28,055
Average loans per investor 420

Loans

Average income of borrowers £42,183/annum
Average loan size £6,537
Average loan term 50 months
Want to dig deeper?
Download our entire loan book.

Performance and Lending Works Shield statistics are based on Lending Works loans funded by consumer lenders only. Investors and Loans statistics are based on all loans, including those funded by the institutional lenders. Data is from Lending Works.

Our statistics are updated on a quarterly basis as per the FCA requirement.