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Last updated: 1 March 2026
These terms and conditions ("Terms") govern the relationship between you ("the Investor") and Govantage Limited, registered in England and Wales ("the Company"), in respect of any loan investments made through the Govantage investment platform.
"Investment" means a loan made by the Investor to the Company through the platform, secured against one or more commercial vehicles.
"Principal" means the original amount invested.
"Interest Rate" means the fixed annual percentage rate agreed at the time of investment.
"Term" means the agreed duration of the loan in months.
"Maturity Date" means the date on which the Principal becomes due for repayment.
"Platform" means the Govantage investor dashboard and related systems.
To invest, you must: (a) be at least 18 years old; (b) be a UK resident for tax purposes; (c) have completed our KYC verification process; (d) have provided valid UK bank account details; (e) understand and accept the risks outlined in our Risk Disclosure Statement.
Each Investment constitutes a bilateral loan from the Investor to the Company. The Company agrees to: (a) pay interest at the agreed Interest Rate, calculated monthly and paid on the 1st of each calendar month; (b) repay the Principal in full on or before the Maturity Date; (c) provide the Investor with details of the vehicle(s) against which the loan is secured.
Each Investment is secured by way of a charge over one or more commercial vehicles owned by the Company. The Company undertakes to: (a) maintain comprehensive insurance on all secured vehicles; (b) maintain the vehicles in roadworthy condition; (c) not dispose of a secured vehicle without first repaying the associated Investment or providing alternative security of equal or greater value.
Interest is calculated as: (Principal × Interest Rate) ÷ 12, paid monthly. Interest accrues from the start date of the Investment and is paid in arrears. The Company will make reasonable efforts to pay interest on the 1st of each month, but payments may be delayed by up to 5 business days due to banking processing times.
The full Principal is repaid on the Maturity Date. The Company will transfer funds to the bank account registered on the Platform. If bank details have changed, the Investor must update them at least 14 days before the Maturity Date.
The Company reserves the right to repay the Principal early, in whole or in part, with 30 days written notice. In such cases, interest will be paid up to the date of early repayment. The Investor does not have the right to demand early repayment.
The Interest Rate is determined by the Investor's tier at the time of investment: Standard (7.0%), Silver (7.5%), Gold (8.0%), Platinum (8.5%). Tiers are based on cumulative total invested: Standard (£0–£9,999), Silver (£10,000–£24,999), Gold (£25,000–£49,999), Platinum (£50,000+). Tier upgrades apply to new investments only; existing investments retain their original rate.
Interest is paid gross, without deduction of tax. The Investor is solely responsible for declaring investment income to HMRC and paying any tax due. The Company will provide an annual interest statement for each UK tax year (6 April to 5 April) by 30 April following the end of the tax year.
The Company is required to verify the identity of all investors under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. The Company may refuse or delay an Investment if KYC checks are not satisfactorily completed.
The Investor agrees to: (a) provide accurate and up-to-date personal and banking information; (b) notify the Company promptly of any changes to their details; (c) not assign, transfer, or encumber any Investment without the Company's written consent; (d) comply with all applicable tax reporting obligations.
If the Company fails to pay interest for two consecutive months or fails to repay the Principal within 30 days of the Maturity Date, the Investor may serve written notice of default. If the default is not remedied within 30 days of notice, the Investor may enforce the security and require the Company to liquidate the secured vehicle(s) and apply the proceeds to the outstanding amount.
The Company's liability under each Investment is limited to the Principal amount plus accrued interest. The Company is not liable for any indirect, consequential, or special losses arising from the Investment.
Any disputes shall first be referred to the Company's investor relations team at investors@govantage.uk. If the dispute cannot be resolved within 30 days, it may be referred to mediation under the Centre for Effective Dispute Resolution (CEDR) rules, or to the courts of England and Wales.
These Terms are governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction.
The Company may amend these Terms with 60 days written notice. Amendments do not affect the terms of existing Investments, which are governed by the Terms in force at the time the Investment was made.
For questions about these terms, contact investors@govantage.uk.