FundingSecure is the only peer-to-peer lending platform in the United Kingdom that specialises in loans secured against the personal assets of borrowers. FundingSecure review shows that this platform was formed in 2012 and started trading in July 2013. It is a privately owned company with the majority of shares held by the directors. FundingSecure is based in Stokenchurch, Buckinghamshire and employ 11 direct staff plus a number of specialist consultants.
This company has already 5 years of tracking record and shows impressive statistical data – they have issued loans for more than £150‘000‘000 and default rate is only 0.02% lifetime. It shows that this team knows what they are doing, and investors can trust this lending platform.
FundingSecure Company Number: 8120200. This platform is Authorised and Regulated by the Financial Conduct Authority (Reference number 698305)
Track investments across multiple P2P platforms
Key facts about FundingSecure loans
|Estimated annual returns:||Between 12% and 16 % anually, depending on the size of investment|
|Time to become invested:||1 day|
|Time needed managing:||Low|
|Country of operation:||United Kingdom|
|Borrowers verification:||By the platform|
|Accepted currencies:||£, Pounds|
|Accepts investors from:||Globally|
FundingSecure Review: Pros and Cons
- Personal assets of borrower as collateral
- High-class support (live-chat)
- Experienced platform with 5 year track record
- Life-time Default value is only 02%
- Low number of open investment opportunities (only 2 on 23rd of August)
- Complicated registration process
FundingSecure review: What I have experienced so far…
I will start review with the website. FundingSecure is a platform with 5 years track record, and when investor comes to their website, a modern as well as easily understandable interfaces appears. The website is user-friendly and intuitive to use.
Registration process is complicated due to unconfortable user-interface, as all fields of registration are in one page.
FundingSecure accepts investors from anywhere. Funds have to be held in GB Pounds on out site – but can be deposited and withdrawn into overseas accounts. They usually use transferwise – but other methods are acceptable
The support is high-class at FundingSecure talking about the Live-chat. After the questions was sent, it took me 2 minutes to get an answer I needed. Support person was friendly and helpful with his/her manner of communication.
Overall, FundingSecure is platform which is worth attention.
FundingSecure review written by Arturas Svirskis