Rebuildingsociety

Rebuildingsociety.com Limited is a UK-based peer-to-business (P2B) lending platform that arranges loans between individual/institutional lenders and UK SMEs. The firm is directly authorised by the FCA (FRN 658024); it moved from interim permission to full authorisation on 22 February 2017 after operating under interim permission since April 2014.

Permissions include operating an electronic system in relation to lending, holding client money, and acting as an Innovative Finance ISA (IFISA) manager. The firm is also a Network Principal with its own Appointed Representative scheme. The FCA classifies P2B lending as a restricted mass market investment.

The firm operates a Primary Marketplace for new loan listings and a Secondary Marketplace where lenders can list and buy existing loan parts ('microloans'). Borrowers apply online; Rebuildingsociety performs credit assessment, assigns risk ratings and lists loans. Security is typically held on trust for lenders and segregated client accounts are used for transaction clearing.

Investors can bid manually or use available automated tools, and can view borrower information and loan-level performance on the platform.

Core product: secured and unsecured P2B loans to UK SMEs (working capital, growth, equipment). An IFISA wrapper is available for eligible investors. Minimum investment £10.

Fees (published): monthly IFISA account management fee of 0.1% of assets (discounted to 0.05% for IFISAs over £250,000); £40 ISA transfer fee; 0.5% secondary market sale fee; plus interest-margin, arrangement and default fees as detailed on the firm's fee schedule.

Reported volumes: c.£40.8M lent cumulatively across c.850 loans to c.1,928 registered lenders [unverified]. Headline net return figures (e.g. 14.6% since 2013) are firm-stated and should be confirmed against dated outcomes statements before use.

Retail and professional investors who accept the risks of lending to SMEs — credit, recovery and limited liquidity — and who meet the suitability/appropriateness requirements that apply to a restricted mass market investment. FSCS protection generally does not apply to P2P loans, and access to funds can be limited where loans run long, default or trade thinly on the secondary market.

Long-tenured P2B with active regulatory scrutiny. Direct FCA authorisation, an IFISA permission, a working secondary market and a published fee schedule are credible building blocks. Two things temper that: (i) the October 2023 Own Initiative Requirement restricting approval of cryptoasset financial promotions (under appeal) shows the firm is in active conversation with the regulator; and (ii) older Trustpilot complaints around defaults and underwriting remind investors that diversification does not eliminate credit risk. Suitable as a small, diversified P2B sleeve for investors comfortable with credit work and slow recoveries — not a substitute for cash or FSCS-protected deposits.