Ablrate

Aviation and Tech Capital Ltd traded as Ablrate and was incorporated in February 2012. It operated a regulated peer-to-peer (P2P) lending platform that facilitated crowdfunded loans to small and medium-sized enterprises (SMEs).

The company entered administration on 15 January 2024; joint administrators Sean Bucknall, Brian Burke and Andrew Hosking of Quantuma Advisory Limited were appointed to manage the firm's affairs in the interests of creditors. The platform is no longer operating as a going concern and is not an active FCA-authorised platform for new business. Investors should treat the platform as closed to new investors and expect repayments only via the administration process.

Before administration, Ablrate aggregated capital from retail investors and used it to provide loans to SMEs — a standard P2P lending model. Administrators are now maintaining the platform in order to manage existing loan collections and to distribute recoveries to creditors according to the administration process.

Existing loan recoveries are handled by administrators and are subject to creditor ranking and the deduction of administration costs, so investors should not expect immediate or full recovery.

Prior to administration, Ablrate only offered crowdfunded P2P loans to SMEs; there is no evidence in public records that the business offered dedicated aviation- or technology-backed funds despite the corporate name.

Public records do not disclose fee schedules, minimum investment levels, historical returns, default rates, Innovative Finance ISA (IFISA) offerings, SIPP wrappers, or a secondary market for loans. The lack of available historical performance and fee data means investors cannot assess past risk-adjusted returns or cost competitiveness for this platform.

Before entering administration, the platform was targeted at retail investors willing to accept the illiquidity and credit risk inherent in P2P SME lending.

It is no longer open to new investors. Existing investors should engage directly with the appointed administrators (Quantuma) for updates on recoveries.