Online shop of money
Fellow Finance combines the demand and supply of money without traditional intermediaries digitally and safely. Both lenders and borrowers decide on which loan terms and conditions they are willing to lend and borrow money. We are a part of the fast growing sharing economy industry.
Investors see always the up-to-date situation of their portfolios and cash flows. Furthermore, we are offering investing tools for a comprehensive portfolio analysis including an loans with no credit check Missouri unique access to the real-time data of the marketplace’s profits, interest rates and credit losses.
Return on consumer and business loans does not correlate significantly with the stock or other traditonal interest rate markets indicating that loans are good addition to your overall investment portfolio. Historically the average annual return has been 6-9% after credit losses.
Investing in loans on the primary market is free of charge for everyone: no opening, subscription or management fees. Only a secondary market transaction is a subject to one percentage brokerage commission of the loan capital on sale, which is paid by the seller.
Limited credit risk
Certain consumer loans include limited credit risk as we sell these loans after 90 days of delinquency to collection agencies. Business loans include at least an entrepreneur’s own personal guarantee and often a collateral such as real estate or mortgage on company assets.
The secondary marketplace introduces liquidity to the investment as investors can seek to sell euro loans to other investors if the invested capital is needed quickly somewhere else. Loans worth over 10€M were exchanged on the secondary .
Fellow Finance Plc is the largest crowdfunding platform in Northern Europe and the third largest in the continental Europe in terms of intermediated capital where lenders and borrowers meet each other safely and digitally. The marketplace maintained by Fellow Finance is the only crowdfunding service in the euro area that offers both peer-to-peer lending to consumers and loan-based crowdfunding to businesses. Fellow Finance is an Authorized Payment Institution supervised by the Financial Supervisory Authority of Finland and it is listed on Nasdaq First North Growth Market Finland Marketplace. The biggest owners are the founders of Fellow Finance and Taaleri Plc listed on Helsinki Stock Exchange. Fellow Finance is headquartered in Helsinki, Finland.
Our crowdfunding service operates on the market-based auction principle. The interest rate of a loan is based on the offers from investors to a borrower. The investor decides the rate he is willing to lend and the borrower the rate he is willing to accept the loan offer. Thus, the loan terms are decided between the investors and the borrower. The market-based auction principle ensures that the borrower will be presented always the lowest offers. The lowest offers will then be consolidated as a single loan offer and even though the loan is funded by several investors, the borrower will have only one loan to repay. Fellow Finance manages all administration between the parties and takes care that interests and capital repayments are distributed to the investors.
Large companies have had the opportunity to apply for funding by emitting bonds for years. Now, Fellow Finance enables this option for smaller companies as well by maintaining a marketplace where companies can apply for loan-based crowfunding directly from investors. In other words, a creditworthy company, regardless of its size, can access a market-based funding channel nowadays. This gives to companies one more alternative when applying for funding.
At our marketplace, any individual or company can start investing in consumer and business loans and by doing so, access an investment option that has previously been only available for banks and insitutional investors. Fellow Finance idenifies and evaluates loan applicants. As an investor, you can choose whom you are willing to lend and at which terms. Monthly interests and capital repayments can be easily re-invested to new loans, which allows investors to benefit from compound interest. As returns from investing in consumer and business loans does not correlate significantly with the stock or bond market performance, investing through Fellow Finance serves as an excellent option for diversification of assets. Try the new investment format for free of charge and with a limited credit loss risk at the largest crowdfunding platform in the Northern Europe by registering into the service already today.