How consumer lending works
Select your market, match with borrowers, earn returns
How rates are set
Investors select the market they wish to invest in, the amount they wish to invest, and the rate at which they wish to lend at.
This is known as creating a ‘lending order’.
Lending orders are then matched to borrower loans, with the lowest rate lending orders in each market taking priority.
How investors are matched with borrowers
Our technology automatically matches investor lending orders to the loans of borrowers that have met our credit requirements.
Investors do not have to select specific loans to fund, and their lending order may be matched to a single loan or multiple loans.
The Provision Fund can help protect your investment in the event of a borrower missed payment or default.
How investors earn returns
Investors receive payments that borrowers make on loans they have funded.
Borrower repayments can be automatically reinvested back into the relevant lending market, helping investors earn returns on both their initial principal and the interest earned.
Alternatively, investors can choose to withdraw either the whole amount or just the interest portion of borrower repayments to their nominated bank account.
If a borrower misses a repayment, the Provision Fund can compensate investors to help protect against any losses.
Consumer investing that’s as simple as 1,2,3.
Register with us
Complete your registration online in minutes. You can register individually or as a company or SMSF trustee.
Transfer in funds
Transfer funds through BPAY or bank transfer. Funds typically arrive the next business day.
Invest in loans
Choose the lending market you want to invest in, select your rate and get matched with creditworthy borrowers.
Attractive rates for investors
Check out the last matched rates across our four investment markets and start investing today.
5 Year Income
Indicative term: 6 months – 5 years
1 Month Rolling
Indicative term: 1 month
3 Year Income
Indicative term: 6 months – 3 years
National Clean Energy
Indicative term: 3 – 7 years
Capital at risk. See important information and disclaimers below.
^Rates shown are last matched rates, displayed on an annualised basis and net of applicable fees as at 6pm, 25 September 2020. 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. Fees apply for using early access feature. See the Product Disclosure Statement for details.