Whether you’re growing your pension fund, or drawing your income in retirement, discover how you can earn high interest lending your pension money on ThinCats
Fast And Efficient
SIPPclub introduced me to a SIPP operator to transfer one of my pensions to a SIPP. Once the money arrived in my new SIPP, it was transferred to ThinCats to be lent. It’s now growing more quickly on ThinCats compared to where it was invested earlier, generating tax-free interest. The whole process was very easy and it was all completed within a matter of weeks. I really should have done it earlier.
Ivor Freedman, ThinCats Sponsor
ThinCats Is A Leading Peer-To-Peer Lending Platform
Founded in 2011, ThinCats is an online market for secured business loans. Operating throughout the UK, ThinCats links experienced investors with established business borrowers to provide a serious alternative to high street banks. ThinCats provides direct access to the low risk market sector traditionally occupied by high street banks. Both lenders and borrowers benefit:
- Lenders get attractive rates of interest with security and fixed monthly payments of interest and capital.
- Borrowers can get loans of up to £3m over periods ranging from a few months to five years or more at competitive rates in order to develop their business.
Discover More About ThinCats
Visit the ThinCats website for full details.
SIPP And SSAS Lending On ThinCats
To discover whether investing your SIPP or SSAS money in crowdfunding and peer-to-peer lending is appropriate for your circumstances, please complete all the fields of the form below.
Crowdfunding And Peer-To-Peer Risk Warning
When a platform has been assessed and approved by a SIPP or SSAS operator, this does not imply that any loan or investment opportunity is endorsed in any way. A SIPP or SSAS operator's due diligence review is limited to ensuring the processes and procedures of the platform are in line with both FCA and HMRC principles. It's entirely your responsibility for carrying out your own due diligence on any loan or investment opportunity before agreeing to lend or invest your pension money on a platform. As a SIPP or SSAS operator will continually review platforms from a regulatory perspective, it's possible for a platform to become 'unapproved' if something changes.
With peer-to-peer lending, your capital is at risk if you lend to individuals and businesses. You may lose some or all of the capital lent if the borrower defaults and is unable to meet its liabilities. Historic loan default rates are not necessarily indicative of future default rates. In addition, lending is an illiquid investment, which means you may not be able to access the capital you lend for the duration of the loan period, even if the platform offers a secondary market. Investing in any business involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdfunding is generally targeted at investors who are sufficiently sophisticated to understand the risks and make their own investment decisions, based on their knowledge, experience and financial capacity. Neither crowdfunding nor peer-to-peer lending is covered by the Financial Services Compensation Scheme. The tax treatment of your investment is dependent on your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of crowdfunding investment or peer-to-peer lending, you should consult a suitably qualified independent financial adviser.
As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk. Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.
Please read our full Terms which includes criteria for SIPPclub membership.