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Platform lending reaches a significant milestone, with still no loan defaults, no investor losses and an average LTV of under 60%. Caps a highly progressive 2018 which included a brand refresh.
Proplend has struck an enviable balance between attractive returns and very attractive security since the platform launched. 4 years on with no investor losses and a reputation as one of the safest
Press Release: With a target return of 5% (once invested, after fees before bad debt & taxes), Proplend’s new Tranche A ‘Auto-Lend’ facility takes the time and effort out of choosing loans, making the investment