General Questions

  • About LEND
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What is a p2p loan?

Peer-to-peer or "p2p" loans are arranged between individuals without involving a bank. The lender chooses the loan projects and ideally invests in multiple projects to build a diversified portfolio. Borrowers receive their funds directly from lenders. This means better returns for lenders and lower interest rates for borrowers than they would get from banks.

LEND connects lenders and borrowers directly and online. Better rates for everyone!

What's the difference between a LEND loan and a bank loan?

LEND arranges loans directly between individuals 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 and investors. Borrowers profit from low interest rates and investors earn significant returns.

LEND is completely fee-financed, and has no interest in offering high interest loans. The reasonable interest rates earned on our loans compensates LEND investors for the risk of their investment.

What is the regulatory framework?

Switzerlend AG has a lending licence from the "Amt für Wirtschaft und Arbeit", a member of the self-regulatory organisation Polyreg and as such a supervised financial intermediary.

Switzerlend AG is contractual counterparty to both borrowers and lenders. This means that borrowers enter into a loan agreement with Switzerlend AG and investors purchase claims from such loan contracts by means of claim purchase and claim assignment.

This principle structure guarantees that the regulatory obligations remain with us and not our users. We can ensure compliance with regulation regarding Anti-Money Laundering and consumer loans.

This is a stable structure that we can build on.

How does LEND make a profit?

LEND charges a fee for arranging the loan, managing all associated documentation, loan payment processing and general support of LEND members at every step of the way. The interest rate on individual loans has no effect on fees charged.

What fees does LEND charge?

Borrowers pay an annual score based fee between 0.20% and 1.00% for personal loans and between 0.70% and 1.30% for business loans of the total loan amount. This fee is charged for the entire period of the loan and is deducted from the initial loan payout. For example, a consumer loan of CHF 10’000 with score B for 36 months has an annual fee of 0.8% (= CHF 80), i.e. a total fee of CHF 80 x 3 years = CHF 240. The actual payout is CHF 10’000 - CHF 240 = CHF 9’760.

Investors pay an annual fee of 1.00% of their total investment. This fee is deducted from the monthly interest and amortization earnings paid to the investor. For example, an investor who loans CHF 1’000. for 36 months pays an annual fee of CHF 10. Approximately CHF 0.83 will be deducted from their monthly earnings.

For further information please consult the fee schedule.

Who operates LEND?

LEND is a service of Switzerlend AG, located in Zürich, Switzerland.

More Topics


Find out how to apply for a loan, how repayment works, what fees arise and what you need to bear in mind.


Find out everything about investing with LEND, how your investments are secured and what fees apply.