LEND arranges loans in a straightforward and efficient way. Our overhead costs are substantially lower than those of a bank and we pass on these savings to borrowers in the form of lower interest rates.

The whole process is quick and easy to understand, and can be completed online, either at home or on the go with your cell phone. There's no need to worry about business hours.

In principle, any private individual can apply for a loan via LEND, provided they are of legal age, reside in Switzerland, have an account with a Swiss bank and have a regular income.

Companies must be domiciled in Switzerland and registered in the commercial register. In addition, we generally require at least two annual financial statements and an annual turnover of CHF 100,000 or more.

LEND assigns each borrower an individual credit rating (‘Scoring’) based on information provided by the borrower and third-party providers. We work with credit rating agencies (Crif, Intrum, etc.), debt collection and land registry offices, the commercial register, and, in the case of consumer loans, ZEK/IKO, and check the income and expenses of each borrower. For business loans, we check the financial indicators, consider the industry context and provide a market and industry outlook. For mortgages, we check the value of the property that serves as collateral for the loan.

Although the credit assessment process varies depending on the type of loan, it always involves assessing the risk of loan default.

Opening a LEND account and credit checks are generally free of charge. In the case of complex checks, such as for mortgages, certain costs may be incurred, such as for an appraisal.

Otherwise, borrowers only pay if a loan project has been successfully financed. We then either deduct this fee immediately when the loan is paid out or issue a separate invoice. The fee schedule provides detailed information on this.

For personal loans, we also recommend taking out payment protection insurance with our partner Helvetia Insurance. This protects you against the risks of (unavoidable) unemployment, death and incapacity to work. If, for example, you lose your job due to restructuring, Helvetia will continue to pay your monthly instalments for a maximum of 12 months. We will invoice you for the insurance premium with your monthly payments. Important: Insurance generally reduces the credit risk and thus leads to lower interest rates.