Investors are becoming less confident of the government’s ability to deliver a good deal in the Brexit negotiations, according to Assetz Capital’s Q2 Investor Barometer.
The peer-to-peer lending platform canvasses the views of its investors every quarter, and they were asked how they feel about the UK’s current Brexit position. Just 20% said they were ‘confident’ or ‘very confident’ of a good deal, with 80% being either ‘not very confident’ or ‘not at all confident’ of a good deal.
Sentiment has worsened since Q1, when 21% were ‘confident’ or ‘very confident’, and 79% ‘not very confident’ or ‘not at all confident’.
Stuart Law, CEO at Assetz Capital said: “We’re still not seeing optimism from our investors when it comes to Brexit. Remainers or leavers, there isn’t confidence in the government to deliver a deal that will work for our economy.
“It is more important than ever for ambitious businesses to access growth capital when the economy is struggling due to Brexit uncertainty. Alternative finance must continue to play a central role in ensuring this happens.”
About the Assetz Capital Investor Barometer
The Assetz Capital Investor Barometer is a survey of Assetz Capital lenders. Over 27,000 savvy investors are signed up to the Assetz Capital peer-to-peer lending platform.
The survey discussed in this press release was sent out on 18th May 2018. There were 1,000 respondents.
About Assetz Capital Limited
Assetz Capital aims to create a fairer lending landscape, providing non-bank loans to small and medium sized enterprises and property developers in the UK, helping them gain access to finance for their projects and future business growth. Rather than being just a website or a dot com business, it is run by professional bankers and other credit professionals with huge experience of quality and safe lending, alongside a nationwide network of relationship managers who visit and vet potential borrowers. Tangible security is in place to reduce the risk of capital losses for investors and traditional credit assessment techniques are employed rather than computer based assessments.
Assetz Capital is part of the long established Assetz group of companies, founded by Stuart Law, which has over 100,000 registered, cash rich private investors.