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In 2017 Proplend’s loan book increased 620% from the previous year and almost doubled in total. Lending via the Proplend platform has now exceeded £30m, secured against commercial property £60m+.
In response to lender feedback, Proplend decided to lower the minimum loan investment amount from £5,000 to £1,000. New loans to the platforms are now split in £1,000 units. The outcome of this has been
Welcome to our first P2P Year In Review and Happy 10th Birthday to the UK P2P industry. Big thanks to Zopa for starting it all off. Proplend has seen exciting growth