Crowd2Fund has offered NHS employees zero investor fees for six months.
The platform said this was to support them given the efforts they are doing to keep people alive during the ongoing Covid-19 pandemic.
“If you work for the NHS and are an investor via Crowd2Fund then please let us know, and we will give you our fee discount as a show of appreciation for your amazing work in looking after us all,” Crowd2Fund said in a blog post on its website.
Crowd2Fund has also been steering businesses towards emergency funding and said if they are unable to access this via the British Business Bank, then the platform will carefully review their situation.
Every business is submitting full statutory accounts and Crowd2Fund is conducting a forensic review to understand their circumstances and the impacts of the virus.
The platform said it will offer businesses who are on fixed loans the ability to move to revenue loans.
“This gives a clear structure to see the crisis through with lower payments and then when business revenues rise to repay the loan – hopefully on track with the original schedule,” Crowd2Fund said in the blog post.
“This will mean investors may get paid back less capital in the short term but will earn more interest overall.”
Crowd2Fund said its senior credit analysts are already assessing the impact on the market and evolving its credit policy in these fast-changing circumstances.
Furthermore, the platform said it is not putting in place any restrictions on investments, exchanges or withdrawals.
If consumers want to sell any investments, they can do so on the free market exchange.
“Currently, there is a high number of opportunities listed offering generous interest rates of up to 15 per cent,” Crowd2Fund said in the post.
“All account withdrawals will operate as per usual, however, we would be sorry to see you withdraw funds rather than re-invest them in great British entrepreneurs.”