LendSecured – Platform Introduction
LendSecured is a Latvian P2P platform focusing on an agricultural sector, which is very important in the Baltics. LendSecured was founded in 2020 and belongs to the group owned by entrepreneurs Edgars Talums and Nikita Goncars. The group’s core business is real estate development and lending. Although LendSecured is very young, the team behind it has experience in the field since 2013.
You can see what types of loans LendSecured focuses on the picture below.
The platform has a secondary market in its functionalities, but so far there is no autoinvest. All loans are secured with LTV below 50%, but there are no buyback guarantees. With respect to a short existence of LendSecured, information on the default rate and the resulting expected real return for investors is still lacking.
The platform highlights a fast recovery process in the event of a loan default and also has relatively ambitious plans for the future – you will find all this in their presentation, which we recommend to interested investors.
LendSecured – Basic Overview
- Establishment: 2020
- Supported currencies: EUR
- Average interest rate: 11,8%
- Average maturity: 12 months – 18 months
- Minimal investment per participation: 50,- EUR
- Investor fees: X
- Auto Invest: X
- Secondary market: ✔
- Buyback obligation: X
- Option to sell participations prematurely: ✔
- Official website: https://lendsecured.eu/
- Official blog: https://lendsecured.eu/en/blog
LendSecured – People
LendSecured – Experience and Investors Ratings
LendSecured – Reviews and Other Links
Other sources articles:
Did you know?
LendSecured – Did you know?
- LendSecured publishes portal statistics in a very transparent way – it reports the numbers separately for each month.
LendSecured – Downloads
LendSecured – Bonus
LendSecured offers 1% cashback to investments to selected projects.
By registering through the link below, you will also support this project.
If you want to learn about active bonus campaigns or just to check if there is no better offer at the moment, write to us and we will be happy to to get back to you.
LendSecured – Alternatives
This page was last updated on 05/2021.