How would you describe Rebuilding Society platform?
rebuildingsociety.com connects small business borrowers with many lenders efficently and quickly. We are authorised and regulated by the FCA in the UK and we have generated an average net return of 8.6% pa.
What are the three main advantages for investors?
We dont take a margin on the loan, so 100% of the interest paid by the borrower is relayed onto lenders. This means everyone gets a beter deal.
The BidPal tool makes it easy to set-and-forget your lending preferences which helps to compound your returns by reinvesting your repayments onto new loans, or existing loans with the BuyPal tool.
The secondary market is liquid and active, so lenders can normally get their funds back instantly when selling at par or discount. Selling at a premium takes longer.
What ROI can investors expect?
After 6 years of trading, we have a platform average of 8.6% net returns. That is after deducting all fees and bad debt, but many lenders achieve more than the average. Read about investing tips on our blog to find out more.
Is the technical platform self-developed or using white label solution?
Self developed. We have closed 8033 tasks on our platform and have worked over 100,420 hours on developing the technology. We have a new design going live this month too!
How reliable is the credit rating/credit history data available?
Very reliable and proven to be reliable by review from the FCA.
How is the company financed?
Seed capital was provided by the founding shareholders. The company also arranged debt funding with various investors. The has achieved break-even and has diversified revenues from the consultancy side of the business. So the business could decide to do zero lending for 6 months and it would still be ok.
Are you open to international investors?
Yes, but not from the US unfortunately.
Is your platform regulated?
Yes, became regulated and authorised by the FCA in February 2017. Read more on our wikipedia page: https://en.wikipedia.org/wiki/Rebuildingsociety.com
Where do you see your platform in 5 years?
We would like to be challenging some of the major p2p lending platforms. We believe that much of our growth will come from strong relationships in the industry with partners like Welltrado!
How do you see the competition in the markets you operate?
All platforms in the new-finance economy are our friends, whereas most traditional banks and financial institutions have been greedy and unfair.