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We are pleased to announce that Proplend has been Shortlisted for the Best Peer to Peer Platform at the Shares Awards 2016. The Annual Shares Awards are voted for by readers of Shares’ Magazine and members of the public to celebrate the best of the financial services sector. The winners
Following discussions between Proplend Limited and GLI Finance Limited, it has been agreed that the original Proplend shareholders will purchase the outstanding ordinary and preference shares from GLI Finance, thereby ending their current working relationship. Proplend will continue to monitor and service the outstanding loans GLI Finance made to SMEs via
Pretty much every Peer to Peer lending platform produces a Borrower rating system which identifies the riskiness of loans to investors. These can vary from alphabetical, numerical, symbolic or a combination but how can investors understand if an A risk on one platform is equivalent as a 5 shield risk