- Lendix allows the financing of SME development projects by individuals.
- They can lend from €20 to € 2,000 per project.
- Individual lenders and institutional lenders lend directly to companies with interest rates set according to the quality of the project
- Lendix offers access to a relatively untapped, quality market.
- the default and prepayment rates are low which is good for investors.
- There’s no fees for lenders and for borrowers, there’s no personal guarantee from company officers.
How To Use
- Lendix lets private investors finance SMEs. In practice, once Lendix has accepted a project and set its interest rate, it’s submitted to investors on the platform.
- It takes less than a week for a project to be financed.
- Once the project is over, repayments (including interest and capital) are made monthly to the investor’s Account.