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More about lending with us

  1. Why lend with us?

    Competitive rates

    As a FinTech (Financial Technology) company, our platform functions entirely online! As such we operate with much lower overheads than banks and other high street financial institutions with their expensive branch networks, and we're able to pass on the savings to our customers. We use sophisticated technology in all aspects of our business and, being a small company, we're more agile than most and at the ready to embrace any new developments in the technological world.

    Our lean business model allows us to operate with the utmost speed and efficiency, meaning that we are able to deliver the best possible value to our customers.

    Oh, and also, we don't do crazy executive bonuses like some of the other folks on the high street. We only take sensible fees and pass on the rest of the savings to our customers!


    Quick, easy to use and all done online

    Our paperless platform functions in an easy-to-use, online capacity. A prospective lender like you can create an account in a matter of minutes, transfer in funds instantly, and begin earning great returns as soon as your lending offers are matched with creditworthy borrowers. No frills, no fuss - it's simply part of the smooth and painless customer journey we provide to our lenders.



    At Lending Works, our greatest priority is safeguarding your money. That's why instead of simply operating a reserve fund to protect you against arrears and defaults, we've gone above and beyond by creating an industry-first insurance to protect lenders against borrowers defaulting on their loan repayments. In addition, we adopt a meticulous underwriting process to ensure that only the most creditworthy borrowers get through the door.

    All these measures form part of our market-leading threefold lender protection we call the Lending Works Shield, and it will give you complete peace of mind as you enjoy inflation-busting returns on your money.



    We believe customers should have full control of their finances, which is why we've created tools like Auto Lend and Auto Income. Auto Lend gives you the option of automatically re-lending your monthly repayments from borrowers so that your interest earns interest too. Auto Income allows you to take an income from these repayments direct to your bank account. More on these easy-to-use tools later, but, suffice it to say, we think you'll take a shine to them.

    Circumstances can change, and you may need your money back sooner than you thought. Our Quick Withdraw tool allows you to do just that. For a small fee, you'll have access to your lending capital even before it's fully repaid by borrowers, provided we can find another lender to replace you. Again, plenty more details on this to come, but Quick Withdraw will ensure that you don't feel 'locked in' at any stage.

    You can lend anything upwards of £10, meaning you don't need to be a millionaire to lend with us. What's more, you can also choose the period over which you would like to lend for - either up to 3 years or up to 5 years.


    Dedicated phone and email customer support

    We know how frustrating it can be to contact a service provider and be passed around from person to person - or worse still, be put on hold! When you call Lending Works, you speak directly to one of our customer service team in our London office, and we will do everything we can to help you - there and then. Should you prefer to contact us over email, you can expect a swift and informative response too.

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  2. Who lends with Lending Works?

    We're proud of the diversity among our lenders with respect to their differing demographics. The majority of our lenders are aged between 50 to 65, although all age groups are well represented. As with borrowers, roughly two thirds of our lenders are male, while it is also worth noting that more than 60 per cent of our lending capital is funded from consumers, rather than institutions.

    You can find out more about our lenders, and the statistics relating to the money they invest in our platform by clicking here.

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  3. Who are our borrowers?

    In order for our lenders to have confidence in their investment within the Lending Works platform it is important to have a good understanding of who it is that they are lending their hard-earned money to. Our borrowers come from various walks of life, but one thing they all have in common is sound creditworthiness. We go through rigorous checks during the underwriting process in order to confirm this. You can read more about how we underwrite loan applications by clicking here.

    All of this should hopefully put your mind at ease that your investment is in capable hands, and going towards helping a creditworthy individual's quest to finance a car, consolidate debt, pay for home improvements or even fund their dream wedding. You can get to know the typical profile of our borrowers further by clicking here.

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  4. Our statistics

    At Lending Works, we pride ourselves on our levels of transparency, and keeping the customer informed. After all, we feel that we have nothing to hide, and nor would we ever want anything to be concealed from our customers, as we believe it is vital that lenders in particular should be able to make fully-informed decisions about where to invest their hard-earned money.

    That's why we've released a complete set of figures which comprehensively detail the performance of our loans with respect to returns, borrower arrears and default, and specifically how this stacks up against the various means of protection we offer to our lenders.

    Not only that, but you can also download our entire loan book as well, which details every single loan ever written by our platform. A glut of statistics and information relating to risk and return is at your fingertips, and it can all be found here.

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