r00lish67
Member of DD Central
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Post by r00lish67 on Nov 20, 2017 12:53:34 GMT
Hi proplend , a new investor here, signed up by your spiffing new Refer-a-friend offer. All looks well, except I can't see any loans on the exchange, in funding or pending tabs. Can you give us a view on the pipeline? I assume it's a fairly healthy one if you're looking to build your userbase with the offer?
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Post by proplend on Nov 21, 2017 10:43:48 GMT
Hi proplend , a new investor here, signed up by your spiffing new Refer-a-friend offer. All looks well, except I can't see any loans on the exchange, in funding or pending tabs. Can you give us a view on the pipeline? I assume it's a fairly healthy one if you're looking to build your userbase with the offer? Thank you very much for your post r00lish67 and for signing up. We do have a healthy pipeline and we're working hard behind the scenes to increase the number of investment opportunities available on the platform, while maintaining the high standards of underwriting our Lenders are used to. Our Pending tab shows the loans nearing funding but there will also be a number of loans that we're at an earlier stage with. We launched Refer a Friend at the beginning of November and have so far funded 3 loans this month totalling £2.6m. We expect to release another 3 loans in the next 2-3 weeks with a similar total value, offering further opportunity to diversify. Please also keep an eye out for loan parts of active loans made available from time to time via our secondary market (the Proplend Loan Exchange). Thanks, Richard
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p2pmark
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Post by p2pmark on Nov 24, 2017 19:23:52 GMT
Grateful if somebody could send me a referral. Maybe r00lish67? Thanks
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r00lish67
Member of DD Central
Posts: 2,691
Likes: 4,048
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Post by r00lish67 on Nov 25, 2017 10:45:41 GMT
Grateful if somebody could send me a referral. Maybe r00lish67 ? Thanks Will do..
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elliotn
Member of DD Central
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Post by elliotn on Nov 25, 2017 12:39:51 GMT
Grateful if somebody could send me a referral. Maybe r00lish67? Thanks The existing investor has to give their real name so not everyone will be willing.
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Dec 1, 2017 23:14:13 GMT
Proplend,
I was very pleased to see the Burton-upon-Trent offices loan go 'live' today because, quite frankly, I've struggled to invest on your platform.
The combination of dearth of loans, needing to have funds deposited on the platform and the speed with which loans sell out means I've had money sitting around doing nothing. Even with my offer having been accepted, my investment will earn no interest until funding is drawn down.
Are there any plans for your platform to become more 'investor-friendly'?
Brian
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elliotn
Member of DD Central
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Post by elliotn on Dec 2, 2017 6:01:01 GMT
Proplend, I was very pleased to see the Burton-upon-Trent offices loan go 'live' today because, quite frankly, I've struggled to invest on your platform. The combination of dearth of loans, needing to have funds deposited on the platform and the speed with which loans sell out means I've had money sitting around doing nothing. Even with my offer having been accepted, my investment will earn no interest until funding is drawn down. Are there any plans for your platform to become more 'investor-friendly'? Brian In short, yes. You will now earn 0.2% on that available balance - an industry first 😊 .
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Post by proplend on Dec 4, 2017 14:23:20 GMT
Proplend, I was very pleased to see the Burton-upon-Trent offices loan go 'live' today because, quite frankly, I've struggled to invest on your platform. The combination of dearth of loans, needing to have funds deposited on the platform and the speed with which loans sell out means I've had money sitting around doing nothing. Even with my offer having been accepted, my investment will earn no interest until funding is drawn down. Are there any plans for your platform to become more 'investor-friendly'? Brian Good afternoon Brian We're working hard to make more loans available on the platform and we hope that the introduction of the 24-hr investment cap has and will also help you get invested more often. Four new loans (over £2.5m in total) made available during November, one more In Funding at the moment and another to follow later this week. There's no reason for us to delay the loan drawdown so please be assured that we work closely with the borrower to dot the 'i's and cross the 't's on each loan as soon as it has been fully funded on the platform. Hopefully you can see that we're listening to investor feedback and looking to make regular platform enhancements. It's fair to say we're not where we want to be just yet but we're certainly trying to get there as soon as possible. Expect more platfom improvements in 2018. Thanks. Richard
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