Tranche A (Lower Risk)
Proplend
Platform Summary
Proplend was founded in 2014 in response to the fallout of the 2008 banking crisis. On one hand bank interest rates fell to and have remained at historic lows depriving cash rich individuals and institutions of much needed low risk income and on the other hand banks who had previously been very active in property lending had either disappeared or pulled out of the market.
The sector of the market worst hit was sub £5m commercial lending where there is a staggering £50 billion of existing debt that requires to be refinanced over the next 3-5 years. This is currently being serviced by less than 11 active lenders.
Proplend Investment Tranche A
| Tranche | Risk Level | Loan-to-Value | Average Projected Return |
| A | Lower | 0-50% | 6.34% p.a. gross |
Proplend believes that their Tranche A investment is one of the safest P2P investments available offering investors up to 200% protection on their principal investment plus income protection via the 6 month interest reserve they retain on each and every loan.
Proplend Overview
Proplend is an online marketplace for secured commercial mortgages, where all the loans are supported by a registered legal first charge on an income producing commercial property
| Who do you lend to? | Lend money to individuals and SMEs |
| How is the investment secured? | Property |
| Who chooses the investment? | The investor either self-selects the investment or Proplend chooses the investment on behalf of investors. |
| Is the platform FCA regulated? | Yes |
| Type of investor? | Every-day investors |
| Is early exit possible? | Yes, investors are able to sell loans to other lenders through a secondary market |
| Investor fees? | 10% of the gross interest that investors receive |
| Provision fund? | No |
| Secondary market? | Yes, Investors are able to sell loans to other Proplend Lenders through our secondary market, the Proplend Loan Exchange (PLE) |
Investing in property involves risks, including illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends, loss of investment and dilution, and it should only be done as part of a diversified portfolio. Your capital is at risk. *This figure has been provided by the partner platform and not by OFF3R. It has been calculated as a projected annualised net return taking in to account platform fees and charges but before any tax is paid by the investor. We present an annualised figure regardless of term for comparison purposes only.
