Early lenders on FundingKnight are getting the benefit of these rates and due to the exceptional growth of the lending community in the first quarter of 2013 FundingKnight is offering a further three-month fee free trading on the Loan Exchange until 30th June 2013.
The Loan Exchange enables lenders start earning interest immediately. Since these loans are already live, loan parts can be instantly bought providing an instant investment. The Loan Exchange enables lenders to spread their risk across a multitude of loans and reduce exposure to any one loan failing, whilst diversifying their portfolio with exceptional rates typically from 9% to 12%.
Steve Lee, FundingKnight investor, said: “I’m impressed with the way that the Loan Exchange works, letting you buy and sell loan parts.
“FundingKnight allows you to split up an investment and only sell part of it on the Loan Exchange, giving you the option to state exactly how much you want to sell at any one time. In my opinion that makes it a superb solution, the best one available on any of the platforms I’ve used.”