About Savelend Sweden AB
Savelend Sweden AB is a peer-to-peer (P2P) lending platform that connects investors with borrowers. The company was founded in 2015 and has quickly become one of the leading P2P lending platforms in Sweden. Savelend's mission is to provide investors with a smart investment opportunity while helping borrowers access affordable loans.
Investing in P2P loans through Savelend is an excellent way to diversify your investment portfolio and earn attractive returns. With an expected return of 7 - 9%, investing in P2P loans can be a great alternative to traditional investments such as stocks, bonds, and mutual funds.
One of the key benefits of investing through Savelend is the ability to choose which loans you want to invest in. You can browse through loan listings on the platform and select those that meet your investment criteria. This allows you to build a diversified portfolio of loans across different risk levels, loan terms, and borrower profiles.
Savelend's marketplace model also benefits borrowers by providing them with access to affordable loans. Borrowers can apply for personal or business loans on the platform and receive funding from multiple investors rather than relying on traditional banks or financial institutions.
The process for investing through Savelend is straightforward. First, you need to create an account on the platform and complete the necessary KYC (know your customer) checks. Once your account has been verified, you can transfer funds into your Savelend account using bank transfer or credit card.
Next, you can start browsing loan listings on the platform based on your investment criteria such as interest rate, loan term, risk level etc., Once you have selected a loan listing that meets your criteria, you can invest any amount starting from SEK 500 up to SEK 1 million per loan listing.
Savelend charges investors a service fee ranging from 0% -1% depending on their investment amount while borrowers pay an origination fee ranging from 1% -3%. These fees are competitive compared to other P2P lending platforms in Sweden.
In terms of safety measures for investors' money invested via their website; they have implemented several measures including:
- A strict credit assessment process: All borrower applications go through rigorous credit assessments before being approved.
- Provision fund: They have established a provision fund which acts as insurance against borrower defaults.
- Diversification: Investors are encouraged not only invests all their money into one single project but instead spread it out over several projects.
- Secondary market: Investors who wish not wait until maturity date may sell their investments at any time via secondary market
Overall,Saveland provides both lenders & borrowers with an easy-to-use online marketplace where they connect directly without intermediaries involved; this results in lower costs for both parties involved making it more attractive than traditional banking services.Their user-friendly interface makes it easy even for beginners who want exposure into this type of alternative investments.Safety measures put into place ensures that investor's money remains safe while earning attractive returns making it worth considering when looking at diversifying one's portfolio .