A great company to do business with, from the initial discussions to the completion of the funding, the team kept you informed and guided all the way along. Put the more traditional companies to shame and I would not hesitate to recommend them as the platform of choice in this market place.
Review by KarlLuker1 month ago
Works great as long as loans are repaid.
However, once the borrower stops, communication becomes scarce. Same responses are repeated on different investments. It takes several months (6+) before the "Recovery Partner" starts the work.
There are barely any regular updates on these investments. There might be 1 1/2 months before anything is posted and only after asking for an update.
Be careful what you invest in some of the companies are sub-prime even with a super high Equifax Score shown.
Review by Bafford2 months ago
Russell, Hamish & the team were outstanding !!
The campaign was built, activated, target 🎯 reached, funds released in less than 30days.
I couldn’t recommend them all more highly.
Brilliant momentum and professionalism.
Thank you so much🌟
Review by Kkaur Grewin2 months ago
Fantastic company from start to finish crown funded us with in 2 weeks ! great service great people !
Review by Imhan3 months ago
Crowd2fund have been very supportive with my investments and I am, so far, very happy with their service (speaking as a small scale Investor.)
Review by SherlockEwe3 months ago
5.9% of my loans have been written off and not repaid, and over 11% are in legal proceedings for me. I don't consider this rate of bad debt to be acceptable so I am leaving Crowd2Fund as quickly as possible as a lot of the companies are junk. I have been with Crowd2Fund since the start (2016). Lovely team working there but I am bleeding cash. You have been warned!
Review by Baoluo4 months ago
so please to be associated with crowd2fund, initially i was reluctant to approach them, i'm glad i made the effort to, from the initial contact to the final was marvellous. The staff very professional and the speed of attention and completion is second to none. i will definitely recommend them to any of our clients looking to raise fund.
Marcelli C oguh
Rochvilles & Co. Accountants ltd
Review by Leclare4 months ago
I would highly recommend Crowd2Fund as the goto crowd funding provider. I submitted my details online and was contacted by an advisor later that day, after running through some details and provided my company credentials I received an offer to be listed onto the platform the next morning - to my astonishment they put together a great looking campaign listing to be viewed by their investor panel that showcased my company overview and why I was seeking funding. I was expecting this to take the full 30 days but my investment was fully funded in as little over 24 hours with a total of circa 120 individual investors. The next steps were explained to me in an easy to understand format from signing the paperwork to the funding be paid. From platform listing to receiving the funds the whole process was completed in 3 days. INCREDIBLE!
The team have been brilliant, and guided me through the whole process, they really do believe in entrepreneurs and generally want to support growth potential businesses.
1st class service, highly recommended, thank you all at Crowd2Fund.
Review by Chalak Kasting4 months ago
Crowd2Fund is the most promising P2P lending platform on the market. While there are some minor teething issues, I believe they are a result of a small team trying to scale up to accommodate a growing user base.
The team should focus on creating a better experience for lenders on the platform, including enhancing the reporting that lenders have access to.
The secondary market is a brilliant feature and as a lender I would love to see it built out further.
I would advise the team to keep very diligent about the quality of the loans it brings to the platform, otherwise the good reputation of Crowd2Fund compared to its peers may be tarnished.
Review by TonyCopperwheat4 months ago
The team at Crowd2fund have been fantastic, second round of funding, professional & a fantastic platform, well done !!
Review by Judys5 months ago
I sold my rental property and invested the money in crowd2fund instead. I am so glad I did. Being a landlord was stressful and time-consuming. Crowd2fund has released me from that hell! Furthermore My crowd2fund returns are not actually much less than my returns from property, (factoring in the fact that there is no tax to pay with crowd2fund). So far I have not lost a penny. At some point I will lose money I'm sure, but that wouldn't be any different to my property standing empty between tenants, so I'm fine with that. I know the risks. And I make sure I diversify my investments to minimize that risk, (to date, I have invested in 139 businesses).
The platform itself is easy to navigate and understand. The information about the businesses that are raising funds is clear and concise. I looked at various platforms before choosing Crowd2fund and in my opinion, no other platform came close. They just didn't offer what crowd2fund offers, in terms of features or return.
I got into the buy-to-let game to facilitate my dreams of early retirement. It proved not be a good decision for me, or my family. With crowd2fund early retirement is still a reality for me. On the crowd2fund platform there is a returns calculator. Have a look at how much your investments could grow over time, especially if you reinvest your capital and interest. I was amazed.
I also have to mention how helpful the Crowd2fund team are, especially Fawad. Nothing has ever been to much trouble for Fawad. Any questions I have directed Fawads way, have always been answered quickly, (sometimes within minutes!), have been informative and professional.
I would recommend Crowd2fund to anyone, especially to other property investors who have realised what a joyless pursuit the landlord life is!
Review by Khachatur5 months ago
I have been investing with Crowd2fund for just over two years and I am incredibly impressed thus far. My returns EASILY surpass anything I could have earned with a regular isa, possibly as much a four times more!!!
There are several aspect of the platform that I am particularly impressed with. For example, being able to buy and sell investments on the exchange, allowing investors to access their cash should the need arise. Also being able to choose which campaigns to support, which puts the investor in control, (a unique selling point for Crowd2fund). All the relevant information about each company is clearly displayed so investors can make an informed decision prior to investment. Should an investor require more information, they can direct any questions directly to the company via the platform, (with all questions and answers being displayed on that campaign's page).
Customer service has always been first class. Fawad is always my first point of contact and he has never failed to answer my queries in a timely and professional manner.
Thank you so much Crowd2fund.
Review by LSprague5 months ago
While Crowd2Fund started as a promising proposition, they have not been able to scale efficiently and the quality of their offering is now so poor that I and - judging from their own reported stats - many others are completely divesting from the platform.
Loans falling into arrears increase every month indicates a lack of adequate pre-screening by Crowd2Fund.
There seems to be zero emphasis on recovering loans that have fallen into arrears or more severe delinquency, nor any emphasis on communicating with investors who are holding these bad loans.
Continuously late repayments with no compensation to the investor. In fact, as far as I can tell Crowd2Fund regularly breaks their own Terms of Service when it comes to how they handle late and delinquent payments, as well as restructuring deals after the fact at material disadvantage to investors.
While there may be potential for return, after 3 years on the platform I would highly suggest giving this service a pass until they focus on:
1) Improve pre-screening process of loan applicants
2) A more robust recovery strategy (the AI based buzzword solution the CEO regularly mentions is an insult to those of us who are familiar with AI and the limitations of such a system. Enforcement works best with actual in person visits)
3) A more investor friendly approach - which at a minimum requirement includes investors voting on any restructuring of an already agreed deal, charging late fees for late payments, timely updates on recovery efforts of delinquent loans.
Review by Maydeli8 months ago
We have worked with Crowd2fund several times now and they are highly efficient and very good to deal with
Review by Bafford Summerland9 months ago
Excellent returns easy to work website I wish I had invested more with crowd2fund instead of some of the other p2p provider's were loans have defaulted. So far so good with crowd2fund well done.
Review by Syefa1 year ago
I have been with C2F for just over a year, now, and the return rates are exceptional, some of the highest you can get, without investing in risky stocks and shares. At the moment, my investments are seeing over an 11% return.
The website is very easy to navigate, so you can see what exactly is going on with your money. Investment is very easy.
A couple of minor gripes, though.
Money transfer is extremely slow, surely there is a better system out there?
Recovery of errant funds is also slow, I know that C2F a fledgling company, and need to be seen as a friendly alternative to banks, but they need to get tougher with OUR money.
I know eventually I will see the money, because the default rate is so low, but it's money that I could be investing in other projects on the site.
Other than that, I am extremely happy with the service, would highly recommend.
Review by SeriousCez1 year ago
Great returns on ISA investment, the like of which I can’t find anywhere else. Reliable proactive people, prompt personal attention to any queries and allround great customer service, I’m a happy investor!
Review by Larpool1 year ago
I am very pleased that since my previous review, Crowd2Fund have now sorted out the glitch that prevented me from working out the total value of my portfolio.
Special thanks to Hamish who was very helpful, put up with my incessant queries and finally solved the problem.
I have invested with 5 peer to peer platforms and this one easily outperforms the rest in terms of both safe investments and top returns I really hope they continue the good due diligence on their loans as they expand. .I only have one loan in default out of 92 and am earning over 10% interest. I'm very happy with the performance of my funds and like being able to deal with real people instead of robotic answer phones.
Review by Jathol Páclová1 year ago
NOT THE COMPANY YOU CAN RELY ON.
The issue was our company approved the loan but there was no found to transfer to us and after 3 days your team played with us and keep saying that money as been successfully transferred to our account and finally we decide to cancel the agreement and ask your company to refund the Investor,(also reported to FCA)
we have record of all emails including the confirmation that the money has been transferred to our account successfully.
Only one question ? do your company sending email to borrower and tell them the found successfully transferred to your their account before they approved for loan !!!!!!!
Review by Janosikk Jarjue1 year ago
Excellent company to work with. Exceeded expectations!
Review by Evangelea1 year ago
Ryan helped me enormously, many thanks
Review by Alit1 year ago
Amazing 😉 truelly exceptionally excellent service, great job jess and joe, great credit to the company, rapid service and quick response too, well satisfied
Review by PeterD1 year ago
An excellent organisation! It takes a bit of time to learn how to navigate through its website.A phone query dealt with immediately by one "Hannah", I cannot speak too highly of them.
Review by Uzay1 year ago
just wasting our time ,
something is wrong there .
New add on :
I should add this to my review regarding your reply :
Contrary to what you said, you did approve our company, we also signed the agreement. You also sent us a false confirmation email that said funds were successfully cleared to our account (we have all the proof) but your company failed to transfer the money but continued to pull our leg and play games trying to buy time so we requested to cancel the loan. We constantly were told money was sent to us, many times and all this was not true. All emails are available to supply.
If you want to sort this simply tell the true.
Review by Marijne Annoual1 year ago
Have tried this for about three months now and have been generally impressed. As others have said, staff are helpful and responsive. Repayments have been made on time and the interest rate I’m getting, on average over 9%, is impressive.
I have a few minor niggles, but have decided to stick with 5 stars, as they are only small:
-The process of adding funds is a bit clunky. You can do it more quickly with a debit card, but there is a 1% fee, so I’ve been doing bank transfers. That takes time and there is a different reference for every transfer, so I have to amend the payee’s details on my bank account for every transfer.
- I also find it slightly confusing to work out how much money I have in total, as there are lots of different balances and figures and you have to work out which to add together. At first glance it can look as if your subscriptions are higher than the total amount you’ve ended up with, ie you think you’ve lost money, when in fact you haven’t. A guide to all that would be helpful, including an overall total held across the wallet and the investments. That aside, the return makes it worth it.