Orca Money; Proplend Investment Review
Orca Money, the online Peer to Peer comparison web service, has just completed their Proplend Investment Review and come to the following conclusion.
Proplend’s track record in preserving investor’ capital and interest is faultless. Their credit-writing seems robust and has ensured retail investors can gain returns in the region 5-12% p.a depending on their risk profile. This niche platform caters to the risk averse investor looking for a low LTV rate (sub 50%). It also appeals to the more active investor keen to maximise returns by offering a product with a rate north of 10% p.a. All in all, Proplend does well to produce strong yields in an unforgivingly low-yield environment. It does so with strong security coverage, but you’ll need to be confident in your abilities to select your own investments – all your eggs in one basket springs to mind.
To read the full review, please click HERE