The following services at LEND are free
Registration and account management
Creating, verifying and publishing a loan project
Our investors pay an annual fee of 1.00% of their investment. The fee is deducted directly from the borrower's repayments. If an investor finances CHF 1,000 of a loan, the annual fee is CHF 10.
For more information, please consult our fee schedule.
The following services at LEND are free
Registration and account management
Creating, verifying and publishing a loan project
As soon as an incoming payment with the amount of the next open instalment is received, payments are made to the investors. If a borrower pays in more or more often than scheduled, you as an investor will receive payments more often. Using the example of the annuity: the system charged you 1/12 of the agreed annual fee for each payment.
In order to compensate for these additional costs in the case of payments made during the month, an adjustment entry is made at the end of the term or with the last repayment, which ensures that you only pay exactly the agreed percentage per year. If a repayment is slow, the same applies: you never pay more than the agreed percentage per year over the term of the loan.
For the fee, the duration from 'start interest of the contract' to 'due date of the last instalment' is taken. When the borrower makes this payment is not decisive. I.e. if the borrower pays the last instalment late, you will also never pay more than the agreed fee.
Find out all about how we work, data protection, security and how to register with LEND.
Find out how to apply for a loan, how repayment works, what fees arise and what you need to bear in mind.