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In the very early stages of the AltFi revolution, there was a great deal of speculation about how its rise would affect the banking sector. As P2P Lending moved in and started filling funding gaps left by the traditional finance industry, it sparked questions about banks’ lending models. Could P2P
Proplend’s Borrower relations and underwriting team have a combined 60 plus years in the property finance industry. This highly experienced and trusted team is responsible for the due diligence process and to date they have delivered a zero default rate. After a Borrower submits their Loan Request using our
Some P2P Platforms operate what they call a ‘provision fund’, which is a co-mingled fund to which a lender / investor can make a claim if they lose money through an investment. They are usually used by platforms offering unsecured consumer and SME loans. Proplend operates a different model,