A new crowd bond platform has been unveiled offering investors up to 7.25 per cent each year in tax-free returns.
Amberside Capital and CH1 Investment Partners have joined forces to launch the platform, which gives early-bird Isa investors up to 6.75 per cent a year for four years.
An extra 0.5 per cent is available for those who apply through an adviser or intermediary to enhance returns or pay for the cost of advice.
The Amberside Asset Lending Platform (ALP) will invest in high-yielding private debt in infrastructure projects, which includes solar parks, grid support facilities and hydroponics projects.
The bonds qualify for Innovative Finance Isa status because they are listed on a crowdfunding platform.
David Scrivens, director of Amberside Capital, said: "These pooled infrastructure debt opportunities are typically only available to institutional investors.
"We wanted to bring the same investment expertise to bear in finding and assessing opportunities, but then create a way to enable retail investors to participate in the generous returns.
"We have structured the platform to enable the bonds to be held within a tax-efficient Isa, which is the icing on the cake."
This early-bird offer is scheduled to run to the end of June, but may end earlier, depending on demand.
After this, normal rates will apply.
For investors going through an adviser or intermediary that means 5.5 per cent a year over four years and 4 per cent a year over two.
Interest can be accumulated or paid semi-annually.
Unusually, there is a 3.5 per cent one-month access opportunity too.
The investment minimum is just £100.
AJ Somal, IFA at Birmingham-based Aurora Financial Planning, said: "There seems to be a number of providers offering these types of products within an Innovative Isa wrapper, and they can form a very useful part of a client's investment portfolio.
"Clients needs to be aware of the risks of these types of investments, and not just see them as a replacement for cash.
"The rate of return seems attractive, but at what risk levels are the clients being exposed to?"
aamina.zafar@ft.com
