We have a communication problem. The message we are trying to get across to registered lenders is to take the next step – once you’ve registered, the important next step is to pick a loan and deploy your capital. The vast majority of lenders do just that. But some leave their money lying in their […]
A recent review of cash-in-hand with our registered lenders shows lots of capital parked in lenders’ accounts, but nit deployed in lending. So it’s important to remind lenders and visitors once more that lending to our carefully vetted borrowing companies is not a one-stage process. Investors who buy a fund or make a cash deposit […]
We currently have a loan offer on site that is 25 per cent funded. We also have a number of lenders with money parked on deposit – where it is not loaned out and therefore not earning income. So we thought we’d remind visitors and registered lenders that lending to our carefully vetted borrowing companies […]