Peer-to-peer lender reiterates commitment to brokers

By Ryan Weeks on 7th July 2017

P2P/Marketplace Lending

Assetz Capital to implement new strategy for supporting broker network.

Peer-to-peer lender reiterates commitment to brokers

Assetz Capital, a secured peer-to-peer lending platform for UK businesses, has outlined plans to develop its nationwide broker network.

The platform says that brokers have played a significant role in its growth to date, accounting for more than 350 successfully funded projects. The company intends to significantly increase its active broker network over the next two years.

Its strategy for doing this includes using its nationwide network of Regional Relationship Directors to provide local support to brokers, further product and pricing improvements, dedicated staff in its head office to provide telephone-based support, and finally a series of regional events designed to educate and support brokers. The first of these events has already taken place in Edingburgh, with several more set to be announced soon.

“While some of our business has come directly from SME businesses, the significance of the broker market is not to be underestimated in their contribution to Assetz Capital’s continued growth and success,” said Stuart Law (pictured), CEO of Assetz Capital. “We see brokers as truly complimentary to our direct offering, and as the alternative finance market develops, they will play an even more important role.”

Assetz advanced a record £31m in facilities in June, capping off a record quarter. The company has lent a little under £300m to date, according to AltFi Data. 


AltFi Amsterdam Summit 2018

AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.

5th November 2018

Companies in this Article:

AltFi Data
Assetz Capital

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