Lenndy operates as a lending marketplace where registered investors can purchase claim rights of the underlying loans. It is similar to crowdfunding except for the fact that loans are already issued to borrowers by loan originators. Lending marketplace is considered to be more advanced compared with traditional crowdfunding platforms as borrowers receive funds much quicker. Moreover, investors feel more secure because loan originators sell only up to 95% claim rights of the underlying loans. Loan originators have years of industry experience and competencies to issue best quality loans. Real estate development loans;
Secured car loans/lease;
Working capital business loans.
Loan originators currently offer four types of loans on Lenndy for registered investors:
Lenndy operator provides secure technical solutions for clients as well as main information regarding the loan and the borrower such as:
Collateral and guarantees;