So, How Does Peer-to-Peer Lending Work?
Sounds Familiar? — A friend would like to borrow money from you but you are rather disinclined. He then decides to seek help from a bank but finds it difficult to satisfy their onerously complex requirements. Meanwhile on the other hand, you happen to have some extra cash but you're reluctant to lend it out as your head is filled with doubt. That's exactly where peer-to-peer lending (P2PL) comes in as the solution. Without involving banking intermediaries or other financial institutions, P2PL represents a method of borrowing and lending online through a digital marketplace.
Applying for a loan or providing financing to other people not classed as friends is a key factor in our raison d'être. Investree will help provide security within the relationship between Borrower and Lender thereby enabling both to reap the rewards; loans at competitive rates of interest for borrowers and optimal returns for Lenders.
What is a Peer-to-Peer Marketplace?
What comes to mind when you hear the word marketplace? Something like the antiques market or cheap car market? A peer-to-peer marketplace is actually not much different, it's just based online. The peer-to-peer marketplace is a venue that brings together many people in need of loans with many others who are willing to lend.
Investree plays the role of running the marketplace. Like a shopping center, our job is to provide an exclusive space for sellers and buyers to meet each other. Not only that, we also select, assess, and approve the loan application submitted by Borrowers to produce quality funding to offer to Lenders.
How Does It Work?
1. Applying for a loan
The Borrower completes the required information on the loan application.
2. Assessment and approval
The Investree team assesses and approves loan applications before they are offered to Lenders.
3. Pay the loan
Borrower pays off the loan through Investree in accordance with the corresponding predetermined schedule.
1. Browse the marketplace
The Lender assesses the loan based on the information contained in the fact sheet.
2. Financing the loan offer
The Lender determines the amount of funding on the selected loan offer.
3. Receiving loan repayments
The Lender receives loan repayment with interest that can refinance other loan offers.
Why Investree is the Best Choice?
The most profitable deals provided.
- Competitive interest ranging from 14% p.a.
- Speedy process, 100% online.
- Fees only appear when the loan is successfully funded.
Better returns provided.
An attractive return, no additional cost.
- Low minimum funding value starting from IDR 1,000,000.