Proplend

Proplend is a fully FCA authorised peer to peer lending platform and Innovative ISA provider specialising in sub-£5m, secured commercial property loans. Investors gain access to attractive rates of risk-adjusted fixed income returns lending to corporate borrowers that gain access to funding in this under-banked sector of the market. Our loans are secured by (typically income producing) commercial property located in England and Wales. Manual selection or Auto-Lend investment option. Our simple, secure and transparent platform connects investors directly to creditworthy borrowers. Investors lend on a deal by deal basis, choosing which loans and borrowers to invest in from those ‘In Funding’ and on the Proplend Loan Exchange (secondary market). Investors are also able to lend across up to three loan to value based risk tranches – choosing the risk-return level(s) they’re comfortable with the help of the comprehensive loan information made available to them. In 2014, Proplend pioneered the peer to peer loan tranche model in the UK whereby loans are split into up to three loan to value (LTV) based risk tranches. Tranche A 0-50% LTV, Tranche B 51-65% LTV and Tranche C 66-75% LTV. This offers investors with differing risk appetites and return requirements the ability to all participate in the same transaction – more easily identifying investments with risk-reward levels they feel comfortable with. Proplend’s customers are: Corporate Borrowers – Owners of Limited Companies and LLP’s with income producing commercial investment property who are looking to borrow between £150,000 to £5m for up to 5 years on an interest only basis. Investors – Individuals lending personally or through their SIPP, SSAS or IFISA, as well as Institutional Investors. Each looking to earn attractive rates of risk adjusted returns of between 5%-12% per annum. The minimum investment is £1,000 and lending to date is in excess of £50m with over £100m of property funded Proplend’s flexible IFISA gives investors the chance to invest their annual ISA allowance and past ISA pots (transfers) in commercial property-secured loans - with interest earned tax free.