FutureBricks: The Future of Asset-Backed Lending

FutureBricks: The Future of Asset-Backed Lending

18th November 2020 by Michaela Salomon

When investing, your capital is at risk.

Over 345,000 houses are needed annually in England, but only 170,000 of those are ever built. Why? Many SME housebuilders planning viable property development projects have limited accessibility to mainstream finance. 

In fact, according to research by the British Business Bank, hundreds of thousands of British SMEs have been turned down for property finance in the past five years, with nearly 25% reporting facing difficulties in finding the funds necessary due to inflexibility of lenders.

Arya Taware founded FutureBricks to bridge the £270 billion currently sitting idle in cash ISAs, with those hundreds of thousands of SMEs looking for funding for property development in the UK. At the same time, the benefits to investors are evident. By democratising property development, which was previously accessible to mainly high net worth and institutional investors, the everyday retail investors can reap the benefits of property-backed investment opportunities for as little as £500 with gross returns of up to 10% per annum.*

Bound by a vision for democratised investment, and ambition to drive game-changing innovation, the FutureBricks team is more than qualified to carry out the mission. Each department boasts years of experience and expertise in their respective fields – encompassing both investment as well as real estate. However, their team members aren’t the only ones who recognise the value of the FutureBricks’ product. To date, that platform has received a 91% satisfaction rate of 5* or “Excellent” on TrustPilot, as they continuously channel resources into quality account management and improve the experience for clients both on the lender and borrower sides of the market.

In spite of the many challenges that 2020 has brought with it, including the Covid-19 crisis, FutureBricks has maintained impressive momentum throughout the year. They’ve successfully facilitated £2.2 million in loans for this year, and maintained a 100% track record – with all payments to lenders made on time and a 0% default rate to date*. With more and more investors wary of market volatility and looking for opportunities in asset-backed investing, there is no shortage of demand coming from the lenders in FutureBricks’ community. Their last three projects funded in an average of just 7 minutes!

Up to now, FutureBricks’ retail client growth has been mainly organic, with the loyalty of their existing customer base fuelling the growth of the platform primarily through word of mouth. With sights on even further expansion, 30% of the proceeds from this round will be directed towards marketing efforts, to supercharge brand awareness across the market, and continue growing their lender base. As the platform onboards more lenders, this will provide a larger pool of capital through which the platform can fund the retail property projects that will contribute to wider infrastructure growth and development across the UK.

FutureBricks’ crowdfunding campaign is currently over 118% funded, with more than 170 investors backing their mission to revolutionise the real estate investment world by making it accessible not just to high networth individuals and institutions, but to every investor. With every funded project, they’re making access to asset-backed investments the new normal, and your investment could help them in their efforts to reach a loan book of £100 million in the next few years.

To find out more about the business, ask questions to the team and invest in their growth, visit the pitch now.

*As of 22 October 2020.

Past performance is not a reliable indicator of future performance. P2P lending is not covered by the Financial Services Compensation Scheme. There is a risk that a business may default and that the loan won’t be repaid. FutureBricks is targeted at investors who understand these risks and make their own investment decisions.

Michaela Salomon

Michaela Salomon

Campaign Support Team

Digital Agency Kent