Fair, transparent and low interest rates.
And what is your loan like?
The effective interest rate is between 4.50% and 10.95% and is dependent on your credit score and selected loan term. The repayment period is a minimum of 12 months and a maximum of 84 months. For a loan of CHF 10’000 and 12 months the interest cost and fees range between CHF 175.82 and CHF 439.17. The total sum is thus between CHF 10’175.82 and CHF 10’439.17. The grant of a loan is prohibited if it leads to the over-indebtedness of the consumer (Art. 3 UWG).
Good reasons for a loan with LEND
Reliable lending decisions
Fill out application - receive and select offers - sign contract and send in documents - receive money
Low interest rates
Crowdfunding allows attractive interest rates starting at 4.5%. No bank, person-to-person, with complete discretion for all our clients.
No hidden fees and no special charges for early repayment.
Individual loans from CHF 10'000. Terms between 12 and 84 months.
LEND arranges loans in an uncomplicated, discreet and efficient way – directly between investors and borrowers. Since LEND does not provide any capital of its own, there are no expensive capital costs as is common with banks.
Thanks to our transparent fees and online access, our clients have maximum control over their financial situation.
LEND combines total confidentiality for our customers with the advantage of lower rates of the crowdfunding model. LEND (Switzerlend AG) is contractual partner of both borrowers and lenders. All payments are made from LEND and to LEND.
Our customer service representatives are available for questions and thanks to the personal dashboard, customers have full control of their financial situation, in real-time.
Swiss residents with permanent employment in Switzerland may apply for a loan with LEND. Our strict underwriting process validates the creditworthiness of all applicants, pulling all relevant data from debt collection agencies and the credit bureau (ZEK).
The interest rate offered, and the loan amount depend on the credit check and the selected loan term, and can only be determined after a complete check.
Applying for a loan with LEND is free of charge. You only pay an origination fee if your loan is financed through our platform. The origination fee for our services amounts between 0.65 and 1.5% (annually) 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 loan of CHF 20’000 for 36 months and score A+ has an annual fee of CHF 130 for 36 months which amounts to a total fee of CHF 390. So, the borrower will receive a loan payout of CHF 19’610. The origination fee is part of the effective interest rate. Thanks to these moderate fees, our interest rates are very competitive.