Investing is a numbers game. And when it comes to numbers, we're confident ours will tick all of the right boxes for you.
principal and interest returned to date
The Provision Fund, our secret sauce
Plenti offers a unique, additional buffer to help manage risk for green income investors. Plenti borrowers pay a fee into the Provision Fund, a pool of funds held in cash by a separate trustee. In the event a borrower misses a repayment or defaults on their loan, the Provision Fund can step in to protect investors.
Whilst the Provision Fund has a 100% track record of protecting investors, it is not a guarantee and you should read the PDS before making an investment decision.
As with every investment, investing with Plenti is not without risk.
No deposit guarantee
Your investment is not a deposit and does not have the benefit of depositor protection laws as it would have if it were an amount deposited with an Australian ADI.
Borrower late payment or default
A borrower or series of borrowers to whom your funds are lent may delay or stop payment on a loan or default on a loan. You may be protected by Plenti making a claim to the Provision Fund, however, there is no guarantee nor warranty as to any protection from the Provision Fund, and as such you may suffer financial loss as a consequence of borrower late payment or default.
Borrower default impact on the availability of funds
In the event of a borrower late payment or default where you have not benefited from Provision Fund protection, you may only be able to withdraw your funds relating to that loan when any collections or recoveries have been made against that loan.