For investors, that considered using the Lendy platform, but have not yet signed up, now may be a very good time to do so, as Lendy is offering 50 GBP cashback to investors that invest at least 1,000 GBP on the condition that this amount stays invested for at least 3 month. Lendy lists bidge loans secured by commercial property. The interest rates are typically in the range of 7% to 12% and the loan duration is typically 3 to 12 months. Currently a lot of loans are offered on Lendy’s secondary market, which will allow easy diversification into several loans upon signup.
I have been investing on Lendy for 2.5 years now (when I started it was still called Saving Stream) and I reviewed my Lendy portfolio only last month on the blog.
Lendy is open to international investors. While a UK account is not mandatory, I suggest opening a UK bank account online via Transferwise – this will make things easier, if multiple UK marketplaces are used (my article on Transferwise Borderless account).
To get the cashback, just register at Lendy via this link and start investing.
See more p2p lending cashback offers and subscribe to be notified when new cashback offers are listed.