Not only did LendInvest take part in Tech City News FinTech Roundtable (which you can read about here) we were also ‘cover stars’ of the Winter 2014 print edition.
The special FinTech issue included six start-ups, on track to become household names. LendInvest is profiled in the “Rising Stars” feature alongside the likes of DueDil, TransferWise and GoCardless.
“The LendInvest genesis story is a little different from most fintech businesses. Set up by two financiers in 2008 it was (…) a relatively plain, vanilla finance company that eventually evolved into a technology-driven concern.”
LendInvest allows borrowers, or “property entrepreneurs” to bypass the long, drawn out process of getting a mortgage with a bank (which tends to take between three and six months) and get a loan in just a couple of weeks. Our typical customer will have bought a property at auction or have some other motivation to complete a deal as quickly as possible.
“For investors the appeal is simple. Even in the current “low-interest-rate environment” they stand to see returns of 5-8% and have the assurance that all loans are secured against property – with the maximum loan-to-value ratio of 75%”
To read the full article, grab yourself a copy of the latest Tech City News edition here. Or, drop us a quick email to [email protected] with your name and address and we’ll pop one in the post for you.