Ablrate.com Peer to Peer Lending UK

Ablrate is a business lending platform that brings lenders together with borrowers to provide asset backed finance to a diverse range of businesses. Initially launched to service the aircraft leasing sector, the platform quickly grew to finance other asset backed transactions from a bottling plant to a waste management park .

Loans now cover property, capital equipment and eco-projects such as anaerobic digestion systems and an innovative water company.

The company began operations in July 2014 and became fully regulated by the Financial Conduct Authority in March 2017. Approval as an ISA manager followed from HMRC and we launched our Innovative Finance ISA in August 2017.

Ablrate was named as the ‘abl’ stands for ‘Asset Backed Lending‘ which is at the core of our platform and will remain so. Since launch we have completed over £57 million of loans to businesses and we have been building a solid reputation for delivering on what we promise for Lenders.

Lenders are enjoying returns of 10% – 15% and, as at February 2017, our default rate was 0.50% of the total loans completed on the platform and these are in legal recovery.