In February this year, our Resale Marketplace hit a new milestone.
Throughout the month, £1,733,772.05 was traded between lenders on the Resale Marketplace alone – a new record for one calendar month.
The Resale Marketplace allows lenders to buy and sell loan parts which have already been successfully funded on our Lending Marketplace. Loans can be sold at a discount/premium of +/- 10% and interest is accrued from the moment of purchase. It is now becoming a frequently used part of our website for lenders looking for extra liquidity.
There are a variety of loans available to purchase today on our Resale Marketplace, which can be viewed here. There are also live loans available to lend to today on our Lending Marketplace.
If you have any questions about our Resale Marketplace or what we do, call us on 01424 717564 or drop us an email at email@example.com.
Lenders’ capital is at risk.
17th March 2017
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