LendInvest opened for business in May 2013, but the firm was spun out of Montello Bridging Finance, a short-term mortgage lender.
The site matches lenders with entrepreneurs and developers who want to buy commercial or residential property. So far, nearly £400m has been invested through LendInvest, funding 698 properties, mainly in London.
LendInvest has no provision fund.
*This is an annualised rate. Whilst the loans which you invest in are secured against property, your capital is at risk.