Lenders perspective of AC

Yes, it's worth a look. I like the 'tell the computer what you want and it'll eventually do it for you', which avoids the clickfest at SS or FC. The rates are not stellar, but communication is good (even on defaults), they ask lenders what to do about defaulting loans ('stick, twist or bust' .. 8>.), they have penalty rates for overruns built in to the agreements (unlike FC for instance, who seem to wing it every time a bullet loan fails to repay on time). The platform is a little difficult to get your head around (being a bit of all things to all people), and there are some items that remain unclear (you can have your spare funds swept into the Quick Access Account to earn modest interest .. unless it is 'full' .. if you can find a definition of exactly how that works, you're a better man than I am, Gunga Din). The concept is good .. you can park your money in AC (in the QAA, or even the 30 day account) rather than having to keep moving it in and out daily (as on other platforms), but the execution is not flawless.

I'd like more deal flow, higher rates, and an ISA. I'd also like to be able to 'program' the MLIA (bid me £X in loans which meet the following criteria, £Y in those which meet these criteria ... .. and £Z in the rest).
But I still liked the platform enough to subscribe a minute amount to their capital raising via SEEDRS, which I don't do often.

I'm also impressed that Chris shows up here and appears to know at least what the platform is supposed to do and why (and will oft times tell us).

As per others, one of my main 5 platforms. Can be a bit fiddly before you get the hang of it. Pretty liquid SM generally and the possiblity of using discounts if you want to shift something quickly.

Offers a nice range of accounts with varied rates, protection and liquidity in addition to the build your own portfolio option and the option to sweep univested funds to avoid dead time is good (usually)

Sometimes can be a bit obtuse in the way they do things, ie 7 day buffer on repayments which has been known to stretch to a month or more, what constitutes a default can a times seem a little confusing and while their comms is generally excellent sometimes the logic of their responses baffles me.

Most of the time I like the platform a lot, but every now and again I will be banging my head on the desk.

Edit Lovemoney cashback offer has finished, but they have suggested something else will appear shortly, maybe even the much promised referral scheme.

Not 'battle hardened', just that it (and we) have all been around a long time. Of course what AC looks like now bears little resemblance to what AC looked like a few years ago .. and I mean that in a good way, mostly. 8>.

I'm also minded to dip my toe into the water here, at last, with the general sentiment on the forum having improved and my ongoing unwillingness to increase my investment in FC.  A referral programme or some other form of inducement will be required, however, as investing without one would appear to be an opportunity missed.

It's been approved but not yet had coding time, plus given the surplus of lender funds we're not likely to do anything in June until the backlog has cleared.  There's a big push from the exec to get loans drawn in June and July to completely clear the build up of funds, or with the GEIA as best we can within that timeframe.  So perhaps late July / early August I'll be pressured into delivering the referral scheme with an August go live date.  But no promises just yet as there are a lot of priorities vying for attention.

Isn't the answer to that more loans?  I know the current pipeline isn't to everyone's tastes but given current demand it's clear there is some love for what we're doing.  We have both short and longer term plans to alleviate the drought, first loans to draw tomorrow but with a steady flow by the end of the month.