Innovative Finance Isas have been around since April 2016. There are still plenty of options – you can invest in the usual P2P loans to individuals or businesses and lend money to fund commercial or buy-to-let properties, community energy projects, invoice financing (providing working capital to small businesses), or even providing off-grid solar power in Africa. See below for a comprehensive list of IFIsas available to invest in now.
| Innovative Finance Isas | ||||
| Provider | Expected return | Term | Min investment | Notes |
| Ablrate | 9%-15% | Variable | £100 | Asset-backed business loans |
| Abundance Investments | 8% | Variable | Row 3 - Cell 3 | Renewable energy |
| Amberside | 5% | Variable | £100 | Energy and infrastructure |
| Archover | 6%-10% | Up to 3 years | £250 | Business loans |
| Assetz Capital | 3.75%-4.1% | Variable | £1 | Various |
| Capitalrise | 8-10% | Row 7 - Cell 2 | £1,000 | Property |
| Crowd For Angels | 7% | 5 years | Row 8 - Cell 3 | SME bonds |
| Crowd2Fund | 6%-15% | 1-5 years | Row 9 - Cell 3 | SME loans |
| CrowdProperty | 8% | Row 10 - Cell 2 | £500 | Property |
| Crowdstacker | 4%-7.25% | 2-4 years | £500 | Business loans |
| Downing | 2.25-7% | Variable | Row 12 - Cell 3 | Asset backed bonds |
| EasyMoney | 3.08%-6.01% | 3-24 months | £100 | Property |
| Energise Africa | 6.75% | 12-24 months | £50 | Renewable energy projects in Africa |
| Ethex | 3%-10% | up to 15 years | £20 | Ethical and rewneable investing |
| Folk2Folk | 6.5% | 6 months - 5 years | £20,000 | Secured small business loans |
| HNW Lending | Not stated | Row 17 - Cell 2 | £10,000 | Asset-backed lending to individuals and businesses |
| Kuflink | 7% | 1, 3 or 5 yrs | Row 18 - Cell 3 | Property |
| LandlordInvest | 12% | Row 19 - Cell 2 | £100 | Property |
| Lendahand | up to 7% | 2 years | £50 | Projects in developing Africa |
| Lendwise | 9% | Row 21 - Cell 2 | £20 | Education finance - student loans |
| Money & Co | 7% | Row 22 - Cell 2 | Row 22 - Cell 3 | Business loans |
| Proplend | 5-12% | Row 23 - Cell 2 | £1,000 | Commercial property |
| Rebuildingsociety | 9.7% | Row 24 - Cell 2 | £10 | SME loans |
| Relendex | Up to 10% | Row 25 - Cell 2 | Row 25 - Cell 3 | Property |
| Triodos Bank | 5%-7% | 6-17 years | £100-£500 | Renewable energy and ethical businesses |
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Which UK region has the most in savings? Average savings by areaThe amount people have in their savings differs from region to region in the UK. How does your nest egg compare to those living nearby?
-
Doug and Mary Perkins: Specsavers’ clear-sighted foundersHelped by the deregulation of the sector in the 1980s and brilliant advertising, Mary Perkins and her husband Doug have taken Specsavers to the top of the optometry market
