London, 28 June 2019 – LendInvest, the UK’s leading marketplace for property finance, has received the highest possible rating for the quality of its loan servicing from a European ratings agency for the fifth consecutive year.
ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets Authority (ESMA). Its rating is based on a number of key factors including corporate governance, internal controls, due diligence, data disaster mitigation and the financial health of the company.
Since it first rated LendInvest in 2015, the agency re-affirmed its SQ1 Servicer Quality Rating following a comprehensive review of the company. In particular, the agency assessed and rated the processes used by LendInvest to originate, underwrite and service high-quality property loans.
On their decision to affirm LendInvest’s SQ1 rating, ARC Ratings commented: “LendInvest has recorded consecutive years of profitability, secured substantial investments from institutional investors and established itself as the largest online marketplace for property finance and investing in the UK.”
ARC’s review this year included recognition of LendInvest’s debut £259m securitisation of Buy-to-Let loans that was oversubscribed and closed earlier this month as demonstrating further the business’ core position in the alternative lending space. The securitisation received an AAA rating from both Moody’s and Fitch.
As part of LendInvest’s commitment to offering a high quality experience for borrowers and investors, the business invests heavily in the development of its proprietary technology and continuous improvement of its internal processes. ARC’s analysis noted these investments as key in positioning LendInvest as a leader in the Fintech industry.
Christian Faes, Co-founder and CEO of LendInvest, added: “At LendInvest we are wholly focussed on developing our unique marketplace model to perfect the customer experience by delivering attractive products, whilst remaining innovative with our processes.
“Receiving the top rating from a respected agency like ARC Ratings for the fifth year running is a fantastic recognition not only of our robust internal infrastructure and rigorous approach to underwriting, but of our ability to grow as a business sustainably and fast.”