A quick introduction...

Thought a quick introduction to us might be helpful as we’re new to the Forum…

Madiston LendLoanInvest has been set up by people experienced in City-based financial technology, initially offering P2P personal loans, to provide more fairness, choice and flexibility. We offer a membership based approach with an open market stance, no manipulation of interest rates.

We may well appeal to lenders who liked Zopa five years ago or Ratesetter when they started. We were fans of their innovations, and tell them too as we meet regularly at P2P Finance Association meetings. We have a new solution with innovations of our own.

Here are some answers to questions you might have:

• Loan terms are from 12 months in three month steps and amounts from £1,000 in £10 steps. Lending is from £10 in £10 steps.
  
• Slightly wider borrower credit rating categories provide from 1 to 15 grades, effectively from the cusp of C/B, through A to A*.
  
• Two loan origination markets which are Bidding Market (visible on the site) and Matching Market (automated matching).
  
• Lenders can bid manually or set up lending portfolios, giving granular control over how their money is matched and with system tools to help.
  
• Compensation scheme which lenders can choose to join, and lots of information via email and on the dashboard so you can see to the penny how interest and fees are calculated.

There’s lots more, so hope to chat with you on the forum soon. We would welcome your feedback and any innovations that you’d like us to add to the site…