How do I get started with Plenti’s Retail Lending Platform?

Every retail lending platform has a different application process, and offer different rates and investment terms and conditions.

1. Register to invest
2. Transfer in funds using BPAY or a bank transfer
3. Choose the lending market, the amount you wish to invest, and the rate at which you wish to lend it

You’ll then get matched with creditworthy borrowers and will start earning regular returns.

What does Plenti offer investors? 

• Great rates 
• Stable returns, given the nature of consumer loans and the existence of the Provision Fund
• A reliable source of fixed, monthly income
• Investment portfolio diversification
• Flexible lending terms 
• The ability to request early access to funds¹
  

¹ This may occur if the funds are repaid to you through scheduled payments, borrower repairs the loan early, you are compensated through the Provision Fund, the retail lender provides early access to funds by replacing your funds with those of another investor.

* Terms and conditions apply. The "Earn up to" rate represents the interest rate limit for each lending market with the maximum lending rate of 7% p.a. being for the 5 year income market. Rates are not set by Plenti and are subject to the supply and demand of borrower and investor funds in each market. Lender rates may assume payments received are continually reinvested at the stated rate and assume your investment is protected by the Provision Fund in the event of any borrower late payment or default, however, there is no guarantee nor warranty as to any protection from the Provision Fund.

Published August 2022.