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Peer to peer lending » Growth Street

Growth Street

Growth Street

Growth Street is a P2P Lending Platform that offers flexible working capital finance to businesses giving Lenders get the opportunity to earn 5.3% p.a. on their investments.  All borrowers must be profitable with a need for working capital and been trading for at least 15 months.

The minimum amount you can invest is £10 and Growth Street display how long it will take for your money to be matched with a borrower on their website in the “Matching” area.

All their loans are 30 days in length; this means the investor should only have to wait a maximum of 30 days from giving the notice to access the money they have invested.  Monies can be withdrawn from the platform using the auto function.  The withdrawals are made on the 1st of each month and can be made as long as there is at least £10 in your holding account.

There are no fees charged to the investor instead fees are charged to the borrower.

They have a “Loan Loss Provision Policy” (LLP) which is a cash amount set aside to purchase defaulted loans from investors on the platform.  The fund aims to prevent any investors from sustaining a loss of capital or interest. The LLP purchases the loans from investors at full value and takes over the risk of non-payment by the borrower.  They do not guarantee all investors will get their money back - and state “investors should not rely on possible pay-outs from the LLP when considering whether or how much to invest.”  The LLP is funded via three sources; borrower contributions – a portion of interest is allocated to the LLP this interest is dictated by the risk rate of the lending; Shareholder contributions - This is money invested in the LLP by Growth Street’s shareholders by way of debt and equity. Any funds added to the LLP in this way rank behind the contractual obligations the LLP has to platform investors; Recoveries – Once the LLP has purchased a defaulted loan from the lender, it will continue to try and recover the outstanding funds from the borrower and any repayments received will be paid back into the LLP.  The money held in LLP belongs to Growth Street Provision Ltd.

Growth Street Products and Investment

    Growth Street’s marketplace aims to provide you with a simple way to potentially earn a decent return. You can lend any amount from £10.

    term: 1+ months min. investment: £10 return: up to 5.30%*
    * provided on 16/01/2020

Investor Overview

  • Earn up to 5.3% per annum.
  • Minimum investment is £10.
  • Lent money will be repaid in 30 days.
  • Loan Loss Provision.
  • No investor fees.
  • * correct as of 09/03/2020

Go to Growth Street


5 Young Street, London
W8 5EH

0808 123 1231

company number

incorporated 5 years

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph