Growth Street Review

Growth Street Review (UK Lender) 

(4 / 5)

– Updated September 2018

Read my 100% unbiased Growth Street review here, based on my own investing experience, highlighting the positives and negatives of investing with one of the UK’s most popular Peer to Peer lenders.

Growth Street is a medium size Peer to Peer – Peer to Business (P2P/P2B) lender.  Offering great returns for 30 day lines of credit and invoice financing to businesses throughout the UK.

Obvious Investor Easy-Info Table

Overall Rating*: (4 / 5)
Who can invest:
Estimated Return:5.3%
My Actual Return:5.3%
Risk Rating*:3/10 - Low   
Early Exit:No, but only 30 day loans, so 30 day exit
Min. Investment:£10
Auto Invest:Yes
Manual Invest:No
Lending To:Borrowers
Loan Security:Yes.
Loans secured by property, debentures
or personal guarantees
Provision Fund:Yes
Time to Invest:Medium.
Can take a few days depending on loan availability
Time to Mange:None (auto-invest)
Lender Fees:No
Amount Lent:£250m +
Number of Investors:1,800+
Loan/Dflt Stats:Yes, Click Here
Regulated:Yes: FCA
Location:HQ - London, UK.   
Launched:July 2014
IFISA/IRA:Not at this time
Cashback**:Yes! £200 - click here for more information.
How to Sign Up**:Sign Up Here!

* My opinions on ratings and risk rating factors refer to my personal experiences with the lender. Plus factual data such as interest rates, loan types, security, platform history, default numbers etc.

**Please read our referral policy for more information on referrals & affiliate links.



Growth Street were launched in 2014 in the UK. In the 4 or so years they have been in business, they have found a niche in the short-term financing business providing a very reasonable 5.3% while only tying your money up for 30 days at a time. This means that, although there is no “quick access” account, you can always be sure to get your capital back within 30 day if you need it in normal market conditions.

Personally I use Growth Street as a store for money that I may need in the future which I know I can get back in 30 days under normal market conditions. In my opinion, 5.3% interest is wonderful for an account that you can access in this amount of time.

Growth Street haven’t had to deal with a major recession yet so only time will tell how they fair when that happens, but the fact that money is only tied up for is 30 days means that if I feel things start to get dicey, I will just stop automatically reinvesting my money and have it all back in 30 days.

Current figures suggest that they have lent a total of £252 million (as of August 2018) in the 4 or so years they have been in business which is not bad at all for a short term lender.


The Growth Street website is very easy to use.

website screen shot

There is only one “portfolio” or “option to lend”, so all you do once you’ve sent your money to them is “Place a New Order to Lend”.

website screen shot

Enter how much you want to put on market and hit the “Place Order” button. Simple as that!

It’s a good idea to set your reinvestment options so you don’t get cash drag when loans are repaid. Because all of the principle and interest are paid back in 30 days. If you don’t have reinvestment on you will need to make sure you are monitoring the website most days.

website screen shot

It is easy to see what loans you are invested in:

website screen shot


As you can see by my loan list, I stuck to my “Prime Directive” and diversified my loans manually. Growth Street do diversify funds for you, but when I originally put my money on the market I wanted even more diversification so I manually broke it up in to £100 chunks to ensure diversification between a lot of loans.

Since I first started investing with Growth Street, I realized that a key benefit is Growth Street’s Loan Loss Provision. It is designed to diversify risk automatically for all investors. This is done by collecting contributions from all borrowers and using those funds to cover missed payments across the whole portfolio; so every investor is exposed to all loans on the platform, rather than just the loans to which they are directly matched. Now I know this, I won’t bother to break up funds as I add them moving forward. Growth Street say they have only had only 8 defaults in the time they have been in business they were all covered by their Provision Fund which is also a good sign that their strategies to protect lenders are working.


Click here to open an account – New Customers receive £200 cashback when they join Growth Street and invest £5000 or more for 1 year! When you open an account using this link it helps me to run this website and write new reviews. Please read our referral policy for more info


thumbs up


  • Safety – Growth Street are a medium size company with a good track record. They make short term loans, some of which are secured against personal guarantees, debentures or business assets. The Provision Fund is also a big plus.
  • Auto-Invest –very easy to invest, and hands off investing once set up.
  • Great Rates – 5.3% return for having only a 30 day withdrawal window.
  • Website – very easy to use and understand.
  • Large Investments –although Growth Street’s loan book is not as big as some other lenders. They still manage to gobble up large investments fairly well. It can take a while but it’s never been more than a couple of days for me.
  • Low minimum investment – if your portfolio is still small, it’s still easy to invest with Growth Street. With just a £10 minimum investment to start.
  • Quick, no cost exit –although there is no “instant exit”, we can be fairly sure that we can get all of our money out in 30 days if we need it in normal market conditions.
  • Financial Conduct Authority (FCA) Regulated.
  • IFISA available for UK investors.



thumbs down


  • Investment Time – my funds are usually invested in a couple of days. However I have had to wait a little longer for larger amounts of capital. I’ve also noticed a couple of days cash drag on reinvestment at times.
  • Smaller loan book than some of the bigger players, but they are growing fast.



low-medium risk traffic light                TrustPilot Rating

RISK FACTOR – 3/10 – Low – Medium

I consider Growth Street to be at the lower to medium end of the risk scale. Taking in to consideration that many of its loans are secured, it’s hard not to give it a lower risk rating.  However they are lending to businesses which are inherently more risky then lending to individuals. Even though the loans are short term.  I like Growth Street a lot and put a lot of trust in them. As you can see by the TrustPilot review above, so do many other people.




It appears that residents of most countries with a U.K.  bank account (see review on TransferWise Borderless Account) can invest with Growth Street. Also USA residents can apply! Contact Growth Street for further information.



Click here to open an account – New Customers receive  £200 cashback when they join Growth Street and invest £5000 or more for 1 year! When you open an account using this link it helps me to run this website and write new reviews. Please read our referral policy for more info



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Growth Street Peer to Peer Lender Review
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