1% Cash Back Holiday Promotion
To celebrate the holiday season Proplend is offering 1% Cash Back to all eligible Lenders who invest a minimum £5,000 on the Proplend Loan Exchange (PLE), throughout the month of December. See below for Terms and Conditions. As with all investments, your capital is at risk.
Invest £5,000 and receive £50 cash back, invest £10,000 and receive £100 cash back and so on!
This promotion is available for all Loans listed on the PLE, which currently offers returns of 5.75% to 11% pa*
This offer is open from 12:01 am on 1 December 2015 and closes on at 11.59pm on 31 December 2015.
*Before fees, bad debts and taxes.
Terms & Conditions
Proplend Ltd Terms and Conditions for the Proplend Holiday 1% Cash Back Promotion:
Investors who adhere to the terms and conditions stated below will be eligible for the Holiday 1% cash back promotion (“the Promotion”). By participating in this Promotion, you are consenting to these Terms and Conditions. As with all investments, your capital is at risk.
The Proplend Holiday 1% Cash Back Promotion is valid for all customers who open a Proplend Lender Account and invest a minimum of £5,000 on the Proplend Loan Exchange (“PLE”), and existing customers who invest a minimum of £5,000 on the PLE, in the month of December (“Offer Period”). The 1% cash back reward applies to all Loan Investments purchased from unrelated Lenders on the PLE and is based on the Loan Investment amount, and does not include accrued interest. You must not make a request to withdraw funds from your Proplend Lender Account or to cash out any Loan Contracts during the Offer Period.
The Proplend Holiday 1% Cash Back Promotion is valid from the start of 1st December 2015 until the end of 31st December 2015.
Any 1% cash back reward for which you are eligible will be paid to your Proplend Lender Account on or before January 31st, 2016.
Proplend Ltd reserves the right to:
- refuse rewards if it determines that the lender is acting in the course of business or as part of an organised marketing campaign.
- remove access to the Promotion if we suspect any suspicious behaviour (for example, accounts set up by fictitious customers).
The availability of any rewards and your participation on the PLE will also be subject to your acceptance and compliance with the Proplend Member’s Agreement terms that:
- Proplend may accept applications to open a Proplend Lender Account at its sole discretion (including, but not limited to, providing sufficient identification in order for Proplend to meet its client Due Diligence and anti-money laundering obligations).
- Customers must deposit funds into their Proplend Lender account from a bank or other payment account in their own name and from a duly authorised financial institution.
In the event of any disputes regarding the Promotion, Proplend retains the right to a final and absolute decision.
Proplend reserves the right to withdraw, amend or extend this offer at any time without any prior notice to both new and existing customers. If you have any enquiries regarding this Promotion, please contact: [email protected].
The Promotion and these Terms and Conditions shall be governed and construed in accordance with English law, and any disputes shall be referred to the exclusive jurisdiction of the English courts. Proplend Ltd registered office is 145-157 St John St, London, EC1V 4PW (Company Number: 08315922). Proplend Ltd is registered with the Office of the Information Commissioner (Reg No: Z3655272). Proplend Ltd is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 662661. Proplend Ltd is not covered by the Financial Services Compensation Scheme. Your capital is at risk and interest payments are not guaranteed if the borrower defaults.