At the heart of Growth Street's marketplace is a peer-to-peer lending platform which allows borrowers and lenders to be matched easily with the automatic diversification of investments, and a provision for losses. We aim to make investing simple. Growth Street takes care of the underwriting and risk management, so you don't have to be an expert in small-business credit to earn a potentially great return
All borrowers pay a risk-weighted contribution into the Loan Loss Provision. These contributions are calculated by the Growth Street credit team to be more than enough to cover expected losses. On top of borrowers' contributions, our founding investors have contributed £200,000 to the Loan Loss Provision, with the aim of maintaining the provisions at more than 9% of the total loan book.