News

About Proplend IFISA

Published on April 12, 2017

Following FCA approval, Proplend launched its Innovative Finance ISA (IFISA) on 30 May 2017 – initially to existing customers only. Two months later availability was extended to include new customers.

The platform’s P2P loan investments and attractive fixed income returns are available tax free when purchased through the Proplend IFISA. ISA ‘Lenders’ get access to the same choice of three risk-reward ‘Tranches’, the same choice of loans secured by income producing UK commercial property and the same £1,000 minimum investment opportunities as non-ISA investors.