How exactly does Lendo analyse the risk associated with each invoice financing opportunity, you may wonder as an investor.
The only businesses that land on the Lendo platform as investment opportunities are the ones that pass our rigorous checking process.
We take in consideration (including but not limited to) the following aspects in order to assess the borrower’s ability and willingness to repay:
Lendo’s team harnesses the efficiency of a proprietary credit scoring database that collates hundreds of data points that automatically produce a score that is proportionally weighted to reflect the value of the inputs.
The data points can be divided into three major categories:
These data points are then used to produce the final credit report, on the basis of which Lendo applies a risk band or risk rating with each funding opportunity. Moreover, a mandatory site visit is also done by a member of our team who interviews the management and observes the site for further satisfaction.
Get in touch with our team right away with any questions regarding lending or borrowing and we’ll get back to you as soon as we can