GrowthStreet is UK-based peer-to-peer lending marketplace, focused on the business financing. Company was founded in 2014 and gives growing businesses a way to finance working capital.

The GrowthStreet platform brings together growing businesses and potential investors who are willing to finance a given project and earn profits that exceed interest rates offered by banks. Growth Street offers two types of loans to business borrowers. The first is a business overdraft secured on the business borrowers’ assets (e.g. its cash, equipment and machinery). The second type of loan is secured against businesses’ customer invoices.

GrowthStreet is a relatively small P2P platform in the UK. Compared to Lendy or Zopa each with over €1 billion in loans to individuals and real estate developers, puts GrowthStreet in the medium size position.

Key facts about GrowthStreet

Estimated annual returns: Up to 6.3%
Launched: 2014
Autoinvest: Yes
Loan security: Business assets, debentures, personal guarantees
Provision fund: Yes
Buyback guarantees: No
Registered investors: NA
Minimal investment: €12
Time to become invested: 1-30 days
Time needed managing: Low
Regulation: Regulated
Country of operation: UK
Defaulted loans: NA
Borrowers verification: By the platform
Accepted currencies: Pounds
Accepts investors from: UK only

Manage investments across multiple P2P platforms

The GrowthStreet Review: Pros and Cons


  • Autoinvest tool
  • Provision fund
  • 30 day maximum lender exit and withdrawal
  • Strong underwriting team


  • Lack of information about
  • Slow ID verification and investment process
  • Low interest rates


Zopa, Lendy,RateSetter, Lenndy, Bulkestate

GrowthStreet review: What I have experienced so far

I opened GrowthStreet account in May 2017. I really like Growth Street’s position on peer to peer lending. Credit line and invoice lending makes a lot sense for small and medium businesses. GrowthStreet states they have strict criteria that borrowers must comply with as ongoing loan monitoring. Compared to Central Europe and Baltics the account application process was a little heavier than other companies, but the added security gives more trust to the platform. However, as GrowthStreet is regulated by FCA, it does not accept investors outside UK (as an investor you must have a valid UK bank account and mobile phone). FCA covers consumers when they deposit money in banks. The FCA does have the ability to pursue criminal action against companies that violate its standards, but the FCA is not a government entity and it’s funded by the very companies it regulates.

I always search for p2p lending platforms that offer high returns, and GrowthStreet is not one of those. As an investor you can earn only up to 6.3% annually. However, in the UK market such a returns are decent.