How it works
Understanding every venture is crucial to success
Read below to find out exactly how it works and why it’s important.
Developer Proposal Reviewed
When a borrower applies for a loan, our experienced property team reviews the application. Each loan that comes to us is scrutinised through several layers of stringent assessment based on our strict lending criteria.
Further due diligence including credit checks on the borrower and directors are also performed. Our team also validates all projected costings and valuations with external quantity surveyors. The typical timeline can be seen below.
Investment Offering Goes Live
Once a loan request passes our due diligence, we advertise the investment on the platform, we take the first legal charge over the property and then promote the offering to our community of lenders. Investors can find detailed information about each project in the invest section. We recommend that every investor(s) thoroughly examine the documents made available before any investment.
It is the investor’s responsibility to evaluate offers for himself/herself or seek professional advice as to whether the investment fits within the individual’s risk profile.
At the end of the loan term, your initial investment and interest payments will be paid directly into your e-wallet account. You can then chose to withdraw your money or reinvest in a new offering.