Leading peer-to-peer business lender, Assetz Capital, is launching a refer-a-friend scheme designed to reward its new and existing investors.

The scheme, which is exclusively available now to all Assetz Capital existing investors, pays £75 when they recommend a friend or family member who goes on to invest £1,000 or more. As well as this, the new investor will receive a £50 cash bonus after just 12 months on the platform if they continue to invest in accordance with the scheme’s terms and conditions.

The referral process is simple, with investors given a unique referral code which can be entered during registration. The code can be passed on directly or investors can use an automated email service. Referers can see a summary of their friends’ progress on the dashboard if the friend consents for this information to be shared, and the payment is triggered automatically once the criteria is met, with the bonus paid the following month.

Stuart Law, CEO at Assetz Capital, said: “The refer-a-friend scheme is another way that we are thanking our investors for their continued support. We know the majority of our users become Assetz Capital advocates and then recommend the platform to others, and this new facility allows us to reward them directly.”

The referral scheme follows Assetz Capital reaching another key milestone, with investors having earnt over £50 million of gross interest since the platform launched in 2013.

Law continued: “When we started Assetz Capital we committed to growing the business in a balanced, sustainable way that would benefit investors, borrowers and shareholders equally. At a time of low interest rates and sluggish growth, it’s very encouraging that we have delivered £50 million gross interest to our investors – with plenty more to come in the future.”