Triple Point Income Service

Fixed-term, fixed-interest, secured bonds – up to 6.43% AER

The Triple Point Income Service offers the potential for regular income generated from direct lending to 1,000s of carefully-vetted UK businesses. 

You can choose the term – 1, 2 or 3 years – and whether to receive monthly interest or a single payment at maturity.

Important: The information on this website is for experienced investors. It is not advice nor a research or personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. They are high risk and illiquid and can fall as well as rise in value, so you could get back less than you invest.

Terms and rates

  Monthly Gross income Maturity Gross income
1 year term 5.25% APR 5.38% AER
2 year term 5.75% APR 5.90% AER
3 year term 6.25% APR 6.43% AER
INCLUDES 0.5% BONUS for Wealth Club investors

AER is the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. APR is the Annual Percentage Rate and assumes no re-investment of monthly interest.


  • 0.5% bonus for Wealth Club investors
  • Choose monthly interest or single payment at maturity
  • Invest as an individual or as a company
  • Available within an ISA for tax-free interest. Make a new subscription or transfer existing ISAs 
  • Diversified portfolio of 60,000+ loans 
  • Experienced manager with a strong track record 
  • Minimum investment £1,000
  • Apply online – links below

Watch a video interview with Daniel Cardenas-Clark of Triple Point Income Service:

How does the Income Service work?

The bonds are issued by Triple Point Advancr Leasing plc, which specialises in SME leasing and lending and currently has a book of 63,000 loans.

When you invest, your bond is immediately exposed to Triple Point's whole pool of loans, so you can benefit from diversification. 

To add further diversification, Triple Point undertakes different types of lending activities. These range from high-volume/low-value transactions, where, for example, it provides funding for credit card terminals, to high-value asset-backed transactions, where, for example, it provides bridging finance to property developers, typically with a charge over the property and loans to value of maximum 75%.

Depending on the type of loan, the repayment term could be anything from 30 days to five years. 

How secure are the bonds? 

As any investor knows, a bond is an investment, therefore riskier than savings. Your capital is tied up for a fixed term. Please also note these bonds are not covered by the Financial Services Compensation Scheme for deposits.

That said, the Income Service bonds are secured against all the assets of the issuer (Triple Point Advancr Leasing plc), rather than against individual loans. 

As with any lending business there is an expected level of defaults on individual loans within the portfolio, however, the default rate (0.9%) is well below the bad debt provision maintained by Triple Point for the whole portfolio. These provisions coupled with the interest coverage ratio and large size of the book of business, mitigate the risk of losses. Of course, past performance is not a guide to the future. Capital is at risk. 

An experienced lender 

Triple Point has invested over £1 billion of client money since 2004. It has provided £350 million of leasing and lending finance and is one of the top four public sector lessors, having provided more leases to the NHS than any other lessor.

The bonds use the same strategy as Triple Point's top-rated estate planning product.

Read important documents & apply

Receive the income tax free in an ISA

Interest earned from Income Service bonds is normally subject to income tax at your marginal rate. If you are an individual investor, basic rate tax is withheld on all interest payments. However, no tax is withheld – or due – if you hold the bond in an ISA. This is possible by either subscribing to the Income Service IFISA (up to £20,000 this tax year) or by transferring existing ISAs into it. 

Tax benefits depend on circumstances and tax rules can change.

Read important documents & make ISA applicaton

Fees & charges

Full initial charge 0%
Bond transfer fee 1%
Annual management charge 0%
Performance fee 0%

More detail on the charges

Wealth Club aims to make it easier for experienced investors to find information on – and apply for – tax-efficient investments. You should base your investment decision on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.

The details

Secured bond
Target raise
£5 million
Rate of interest
Up to 6.43% AER
1, 2 or 3 years
Income payments
Monthly or at maturity
ISA available?
Minimum investment
Last updated: 10 April 2019