Testimonials & Platform Reviews
At Proplend We Like To Focus On Our Customers.
- We appreciate that not every investor has the same risk appetite or return requirement, so we pioneered the peer to peer Loan Tranche Model;
- We know that the steps we’ve taken to reduce lender risk can be as attractive to investors as the interest rates we make available to them and;
- We understand the confidence investors (and borrowers) can gain from the full FCA authorisation the Proplend platform has received.
But it’s not all about what we think … we know you’re far more interested in what Proplend Investors, Borrowers and P2P Lending experts think:
“Very responsive to questions. Good product.”
“I have been investing using three other P2P companies since 2013 and have had mixed experiences in terms of percentage returns, communications, write offs and documentation.
In my opinion Proplend have been outstanding in terms of personal communication, well researched documentation, and a fair return given the risk involved. As with all investing situations everyone has their own view on risk reward, In my experience to date Proplend are streets ahead of the other P2P companies that I use.”
“I have been lending to Proplend for over six months and can only praise their systems and clear communication. They are happy to take phone calls (unlike some other P2P companies!!) and help wherever they can.
Always remember to deduct 10% from the headline rate shown for the interest you will receive. Always read the loan information and decide if you are happy with the risk.”
Wealth Manager & Individual Investor
I have been investing in P2P loans for a few years now. I came across Proplend and liked their proposition and the transparency and decide to give them a go. I have made several investments now and am increasing the capital I commit. Good reporting, no surprises so far, and they seem very willing to communicate.
Industry Professional & Proplend Investor
“The best things about Proplend: 1. the amount of information on the loans and the underlying security they provide which allows each investor to fully appreciate the risk they want to take. 2. The loan exchange platform which allows you to buy and sell loans at par. 3. When they get a tax efficient way of investing up and running.
The worst thing: not frequent enough new loan origination. The best of the property related P2Ps in my opinion.”
Proplend helped me with medium term finance for the purchase of commercial freehold premises. I’d tried banks before and knew they wouldn’t assist – I found Proplend online through a search engine. Stewart, my regular contact at Proplend, was very attentive to my individual requirements. I’d definitely recommend the platform to other commercial borrowers.
The creative and flexible solutions offered to us not only assisted with a problematic purchase process but their expertise and knowledge of the funding and legal process helped enormously with the purchase of all assets and liaison with a third party funder – all of which smoothed the way to completion. Proplend made the process straightforward and considerably less stressful.
National Association of Commercial Finance Brokers
“We are delighted to welcome Proplend as a Patron of the NACFB. I have met with Brian and the team a number of times before onboarding and we look forward to continuing the relationship into 2018.
Our Member Brokers have warmly received Proplend as they offer further diversity in the property lending space. We encourage all our Members to engage with Brian and explore Proplend’s services to see how they may help their commercial property clients find bridging and mortgage finance solutions.”
Peer To Peer Industry Analysts
“This is frankly very impressive considering we add huge penalties to our models for any platforms with a history as short as Proplend. I’m really quite astounded that despite this Proplend still get the top score, it shows the underlying safeness for investors and the risk-reward balance.
In my opinion the lowest-risk peer to peer lenders are Landbay [residential property] and Proplend [commercial property].”
“I like Proplend for its simple service, extraordinarily low-risk property loans and very attractive interest rates.
Lending interest rates even in the lowest-risk “Tranche A” range from 5.5% to 7%, which I think is very attractive for the risks involved. If you take a bit more risk with tranches B and C then you can earn more.
You can easily identify loans that are for just 50% or less of the property valuation – just look for Proplend’s ‘Tranche A’ loans.”
“All of the loans are supported by a registered first charge on income-producing commercial property in the UK. Loans run from six to 60 months, with interest rates ranging from five per cent to 12 per cent and minimum investments standing at £1,000. There is also the option to invest through an IFISA and enjoy tax-free returns.
Investors can pick from individual projects, while those projects may have funding split into ‘tranches’, with the interest rates on offer varying depending on the loan-to-value of that tranche.” Extract from “Want to invest in property? Then take a look at these peer-to-peer platforms”
Thanks to all investors, borrowers and experts who've reviewed us
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