- Funded Since March 2013
- €87.16m
- Minimum Investment
- €50
- Auto Invest
- No
- Secondary Market
- No
- Ring Fence
- Yes
- Wind Down Plan
- No
- Regulated
- Yes
What is Lendahand?
Lendahand is operated by Hands-on BV, based in the Netherlands. Lendahand is a Resale Marketplace Lending platform, which means it aggregates pre-funded loans from partner organisations (loan originators) and re-sells them to investors. It has received an Investment License from Netherlands's Authority for Financial Markets (AFM).
Lendahand enables you to provide funding to business owners by investing in business loans. Lendahand only serves lenders, so you can’t apply for a loan directly on the platform.
What does Lendahand offer?
At Lendahand, you can make EUR-denominated investments starting from €50.
Lendahand separates investors’ funds from the platform company assets but doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.
Lendahand Details
- Legal Company Name
- Hands-on BV
- Business ID
- 55711766
- Main Currency
- Euro (€)
- Headquarters Location
- Netherlands
- Established Date
- July 2012
- Launch Date
- March 2013