Please note: retail investor lending is no longer available for new customers. For more information, read here.

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  1. Why borrow with us

    Competitive rates

    As a FinTech (Financial Technology) company, our platform functions entirely online! As such we're able to 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 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. You can get a no-obligation personalised loan quote in just a couple of minutes. Should you decide to proceed with the loan application you'll receive a decision via email within 1-2 working days. No frills, no fuss - it's simply part of the smooth and painless customer journey we provide to our valued borrowers.


    Personalised loan quote which doesn't affect your credit score

    At Lending Works, you'll receive a quote that is tailored to your specific financial situation by virtue of a 'soft search', which does NOT affect your credit file. If you're happy with your quote you can finish your application online. We may follow up with you to confirm certain details, but, if successful with your initial application, you can expect a final decision within 1-2 working days.



    You can make overpayments on your loan at any time, without incurring additional charges. We understand that your circumstances can change and we believe customers should have full control of their finances. We won't charge any additional fees for settling your loan agreement early either, unlike the majority of lenders. We'll only charge any interest that has accrued since the last repayment. You can borrow anything from £1,000 to £25,000. What's more, you can also choose the period over which you would like to pay back the loan (between 1-5 years).


    Get your money quickly

    We'll typically get a decision to you within 1-2 working days. If your loan application has been approved and you wish to accept the offer, you can expect the funds in your bank account within 1 working day.


    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. Call us on 0207 096 8512 or email us

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  2. Who borrows with us?

    Our borrowers come from all walks of life, and we're proud of the diversity among them in terms of demographics. However, they all have one important thing in common... excellent credit ratings! After doing a handful of sole trader loans when the platform first opened for business, we now deal exclusively in personal loans. The typical reasons for borrowing are vast, although debt consolidation, home improvements and vehicle finance tend to be the most popular. The majority of our borrowers are aged between 25 to 50, although all age groups are well represented. As with lenders, roughly two thirds of borrowers are male, while more than half are homeonwers. You can find out more about our borrowers, and the statistics relating to the personal loans they acquire by clicking here.

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  3. Common loan purposes

    Debt consolidation

    Debt consolidation loans are a savvy way to manage your finances, and can save you a lot of money over time. High-interest debts, such as those associated with credit cards, can hold you back on your path to debt freedom, and leave you mired in a cycle of expensive repayments for years. Consolidating these debts into a single low-cost, fixed-rate loan - as many of our borrowers have done - has the advantage of both saving you money, and providing you with a means to easily juggle your obligations, given that it will leave you with just one monthly repayment to worry about.

    The advantages of debt consolidation loans are further explained in this handy guide we're prepared for you.


    Car finance

    There are many ways in which you can finance the purchase of a new vehicle, and each have their own benefits; depending on the car you are purchasing, and for what purpose. However, low-interest car loans could be of particular appeal for you. Many car buyers are content with accepting the financing arrangements offered by the dealer, or, worse still, will lump the cost of the purchase on a credit card. However, often personal loans can present a cheaper and equally-convenient alternative, as many of our borrowers have found.


    Home improvements

    There can sometimes be a certain stigma associated with taking out a personal loan. Yet, when given careful consideration, these can often be hugely beneficial, and home improvement loans are a good example of this. Given that the value added to the property often exceeds the cost of the renovations or enhancements, such an investment tends to make logical sense - even if it is funded by (low-cost) debt.

    We've also prepared a useful guide which looks at the most common types of home improvements, the benefits thereof, and how best to pay for them.



    Your wedding is (hopefully!) a once-in-a-lifetime occasion, and a hugely special one at that. But with the average cost of a wedding in the UK now said to be in excess of £20,000, the reality is that not every couple has that sort of money lying around in savings. That's where affordable wedding loans come in, and these can ensure that the expenses associated with the big day are taken care of, without the burden of hefty repayments once you get back from your honeymoon.

    That said, if you're looking for ways to trim your overall wedding budget (without compromising on the quality of the occasion), then be sure to check out this informative guide.



    R&R is an essential of life, and there is no better way to refresh the mind than by going away on holiday. Interestingly, nearly a quarter of Brits who jet off abroad for a getaway do so on some form of finance. Holiday loans have become particularly popular too, with many of our own customers choosing to borrow money for this purpose.

    Yet in the current financial climate, there are also ways and means of cutting the cost of your holidays, and without cutting down on the fun. You can find out how to get more value for your travels by clicking here.

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