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Will the early access transfer facility always be available?

No. Early access transfers are available at Plenti’s discretion and may cease to be available to lenders at any time. An early access transfer request may not be fulfilled if:

  • There are insufficient funds available from other lenders to replace your interests
  • After fulfilling the request, the value of the remaining lending orders is less than $750,000 in the 5 Year Income lending market, $500,000 in the National Clean Energy lending market, or $300,000 in the 3 Year Income lending market (this is known as the early access lending market value limit)
  • Replacement lenders will be matched to replace your investment at a rate above 10% p.a. in the 5 Year Income or National Clean Energy lending markets or 8.5% in the 3 Year Income lending market (this is known as the early access lending market rate limit)
  • Your outstanding principal in a loan contract is less than $10.00.

If your early access request is accepted, it may take up to four hours to fulfil. Your early access transfer request may be cancelled if the capital adjustment required to fulfil your request is higher than quoted.

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