This is how LEND works
What is peer-to-peer lending?
Peer to Peer Lending
Peer to Peer lending means loaning money directly to another person without involving a bank. Cost savings are shared by both parties - as lower interest rates for borrowers and higher yields for investors.
LEND matches investors with borrowers online to find simple financial solutions.
With LEND, investors directly finance the needs of individuals and earn substantial return on investment. Removing banks from the equation means a better deal for investors and borrowers alike.
Create your personal portfolio and earn the returns that meet your financial expectations.
Low interest rates
Borrowers receive money directly from investors. Without an expensive bank in the middle, the resulting interest rates are substantially lower than with bank-issued loans.
LEND is completely fee-financed, regardless of the interest rates charged for loans.