At rebuildingsociety.com, you’re in control. You choose the businesses you want to support, how much you want to invest, and at what interest rate.
When you lend directly to businesses, your cash helps SMEs grow, and you earn a better return on your money. As of July 2023, the average net return was over 8%*.
It’s easy to register!
We’ll just need to verify your identity and check your investment experience.
Fill in a few details on our online form, then select which type of lender you are. If you’re new to peer-to-peer lending (P2P), you’ll likely be a ‘Restricted’ investor, which limits the amount you can invest in P2P lending over the next year to 10% of your net assets.
We need to make sure you understand how P2P lending works before you invest, so we’ll ask you a few questions with multiple-choice answers. Don’t worry, you can study up and take this Appropriateness Test again if you need to!
Providing verification goes smoothly, this will all take 24 hours, after which time you will have full access to the platform and the investment opportunities.
Now you can get started!
The Primary Marketplace lists all of the live loan opportunities. Click on the loan you are interested in to read more about the business, the risks, the security, the discussion forum, and more. Ask questions if you are unsure or want more information from the business.
The Secondary Marketplace allows you to purchase existing loan parts from other lenders. Buying loan parts with a BuyBack Guarantee icon means the seller will buy it back from if you the loan falls into arrears or default. This reduces your risk.
Interest rates and risk
Let’s talk more about risk. Lending to business is not without risk; please evaluate the risks before investing. Businesses may at times struggle to make repayments and may ultimately default on the loan. If this happens, your capital and unpaid interest are at risk. Peer-to-business lending is not FSCS protected, and past returns are not an indicator of future returns.
You’ll notice each loan has a risk rating from A* to C for our ‘regular’ loans. The higher the risk rating, the higher the maximum interest rate allowed for that loan.
- A* – Max interest rate 11% – LOWEST RISK
- A – Max interest rate 14%
- B – Max interest rate 17%
- C – Max interest rate 20% – HIGHEST RISK
For our ‘Low LTV secured loans’, a borrower must offer security over a property and will need to demonstrate a Loan to Value of 70% on a 2nd charge or a Loan to Value of 75% on a 1st charge. Low LTV secured loans have different maximum interest rates:
- A*– Max interest rate 4% – LOWEST RISK
- A – Max interest rate 7%
- B – Max interest rate 10%
- C – Max interest rate 13%
- D – Max interest rate 15%
- E – Max interest rate 17%
- F – Max interest rate 19% – HIGHEST RISK
If you decide to invest in a business, you can place a bid for loan parts at below the maximum interest rate. The minimum bid is £10. Other lenders can outbid you by offering a lower interest rate, however you cannot cancel your bid. If your bid is successful, you enter into a contract with the borrower.
You earn the interest rate on your bid, and the borrower pays the average rate across the loan.
You can bid on credit for 24 hours. To deposit funds into your rebuildingsociety.com account, send a bank transfer from your bank to rebuildingsociety.com with your user ID as the reference. The ‘Add Funds’ pop-up box will guide you through the process.
After the transfer has cleared, your funds should be available in your account within 2 hours, or the next day on evenings and weekends.
Short on time?
Automate your investments by setting up BidPal. It can regularly invest your Available Funds, ensuring your money is always working for your and that you never miss an investment opportunity.
How about an ISA?
rebuildingsociety.com is also a HMRC-approved ISA manager. Consider investing through an ISA wrapper to earn tax-free interest.
Need to withdraw your funds?
You can access available funds quickly by simply requesting a withdrawal. You can also sell your loan parts to other lenders on the Secondary Marketplace. Please note this is subject to supply and demand and we can’t guarantee a minimum timeframe in which you will be able to divest.
Don’t invest unless you’re prepared to lose money. This is a high‑risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Investments are not FSCS protected. Tax treatment may vary. Take 2 minutes to learn more.
