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The Proplend Loan Exchange (PLE) is one of the quickest and easiest ways to invest and start earning monthly income. Loans listed on the PLE have already been drawn down by the borrower and are already paying interest on a monthly basis. The majority of the loans available on the PLE are loans which were underwritten
London, 26 May 2016: Proplend Ltd, the UK’s specialist in commercial property peer-to-peer lending and pioneer of the P2P Loan Tranche Model, are pleased to announce that they have reduced the minimum loan investment amount to £1,000 with immediate effect. Proplend anticipates that the reduction from £5,000 to £1,000
The Essex, Bexleyheath & Erith Mixed Use Loan was drawn down by the borrower in May 2015. The £978,000 loan represented a 75% Loan-to-Value (LTV) and was secured with a first legal charge over the properties. The Loan remains in Active Good Standing, with no late or missed payments and 12 months left on