BLender manages the SafeGuard fund.

A relative reimbursement for the money deposited to the SafeGuard Fund will be received in case the borrower has paid back the loan in full before the maturity date (early repayment), or if you sell your loan on ReBlend. Both as long as there is a sufficient balance in the Safeguard Fund.
No reimbursement will be received for loans paid on the maturity date (no early repayment event).

The lender receives a payment in accordance with the balance of his/her SafeGuard fund allocation as long as there is a sufficient balance in the SafeGuard fund.

Each lender and borrower allocates a designated percentage of the principal of the actual loan given, usually between 1 and 5 percent, based on the company’s estimated default likelihood.

A lender is eligible for a SafeGuard Fund payment if and when a borrower defaults on four consecutive payments and there is a sufficient balance in the SafeGuard Fund.
If this is the case, the SafeGuard Fund will repay the principal of the last four monthly payments in question, and the fifth one. From now on, the lender will be paid the designated monthly payment (the principal) at the end of each month until the loan’s maturity.

The money in the SafeGuard fund comes from a designated percentage of each loan and is presented to the lender and borrower when the loan is generated.

BLender takes all necessary measures to ensure that this does not happen, including taking a SafeGuard fund allocation to protect lenders should borrowers be unable to repay their loan for whatever reason.

Furthermore, the wide distribution made possible by DirectMatch^TM provides multilayer protection for each and every lender. Nevertheless, should a borrower fail to repay his/her loan, we take all legal steps at our disposal, with the aid of the leading law firms, to collect the debt and pass it along to our lenders.

BLender created a SafeGuard fund to protect lenders should a borrower be unable to repay his/her loan for whatever reason.
The fund, which is not-for-profit, is funded from a designated percentage of each loan and is held to offer lenders maximum protection. (For more information see the funds rules and regulations on the SafeGuard fund page.)

The track is intended for individuals who want to save through direct deposit and earn interest rates.

To deactivate the Frequent Lender Track, you must cancel the automatic direct deposit from your bank.

The track is free of charge. All of our fees are listed in BLender’s fee schedule and are updated from time to time.

The minimum and maximum amounts change from time to time. Currently, any transfer of €500 or more is accepted (there is no maximum).

The Frequent Lender Track lets you earn interest on your liquid funds through automatic direct deposit from your bank account to your BLender account.

Instead of creating a zero-return savings account through the bank, you can use BLender’s Frequent Lender Track and earn interest on your liquid funds.

You can withdraw them to your bank account at any time, lend them again yourself or you can let the automated lender’s AutoBlend (Premium Track) automatically reallocate the funds available in your account (including loan payments received to your BLender account) to new loans.

The AutoBlend (Premium Track) is enabled by default, during the registration process we ask you whether you would like to disable the AutoBlend (Premium Track). You can also enable/disable the AutoBlend (Premium Track) in the lender dashboard.

The duration of the AutoBlend service (Premium Route) does not have a time limit. It can be stopped whenever you wish using the button found on the “lender management” page.

The AutoBlend (Premium Track) is free of charge. All of our fees are listed in BLender’s fee schedule and are updated from time to time.

1. Convenience. Instead of logging in and choosing a new loan portfolio each time, the automated lender can allocate your funds in an automated way. That way, you’ll be able to continuously lend the funds that accrue in your BLender account and receive principal and interest payments on them.
2. Maximize returns. The automated lender takes advantage of the payment you received on previous loans, which are deposited into your account each month, and maximizes the returns and scope of your lending.

During the signup process we will offer you to activate the AutoBlend (Premium Track), that way, you’ll be able to continuously lend the funds that accrue in your BLender account and receive the principal and interest payments on them. You can log into your account at any time and disable (or enable) it.

Report the interest earned, which is detailed in the report you receive each month by e-mail, to your accountant.

Yes, businesses and companies that would like to lend money are invited to sign up to the platform.

No. You must set up the direct deposits to your BLender account through your bank.

BLender acts in accordance with all tax laws and regulations. BLender will deduct withholding tax per the law; however, we recommend that you consult a tax professional.

Yes. You can use the AutoBlend (Premium Track), which allocates money to loans for you automatically: every few days for the amount set in the AutoBlend (Premium Track) or the amount of available funds in your account, whichever is lower.

No, the borrower is the only one who can shorten the duration of the loan. However, if you want to get your money back before the maturity date, you can sell the loan through ReBlend.

No. We make a point of safeguarding the anonymity of all BLender users, lenders and borrowers alike.

You can sell the loan through ReBlend.

You may withdraw the available money in your BLender account at any given moment. Check “Withdraw Money” on the “Lender Administration” page to see how much is available to be withdrawn.

Yes. As soon as the right loan arrangements for you are found, you will begin to receive fixed monthly payments consisting of the principal and interest. You may then choose to lend the funds out again or transfer them to your own account.

Each borrower goes through a strict, thorough and multilayer screening process through BLender’s system. At the end, the system sets the minimum interest rate for which each borrower is approved. The borrower sets the maximum interest rate he/she is willing to pay on the loan, and the loan is then offered on BLender’s loan market along with other loans. The DirectMatch^TM system creates the optimal loan portfolio with the greatest returns for you and widest distribution.

Yes, you are required to fill out a short questionnaire.

BLender is proud to offer complete transparency. You can check the status of your account on our website on the “Lender Administration” page (see a sample) at any time.

As soon as your money is transferred to the borrowers, they will begin to pay you back in monthly installments.

The minimum and maximum amounts are updated from time to time. Currently, the minimum for creating a loan portfolio is €50. The maximum is the balance in your account. You may fund your account with €1,000 or more. Should you need any assistance with lending money, please don’t hesitate to contact us.

It’s simple: Choose how much money you want to lend (use the Lending Simulator) and click “Create Portfolio.” BLender does the work for you and comes up with a portfolio made up of a variety of loan segments in order to maximize the return on your money and minimize the risk.

Your money is held in the designated bank account until you choose to lend it to borrowers through BLender. Payments that you receive will go into this account. You may then choose to lend the funds out again or transfer them to your own account.

The money that you choose to lend through BLender is transferred to a designated account. Therefore, you must perform a bank transfer.

No. The money that you choose to lend will be transferred to the borrowers who meet the criteria and to the SafeGuard fund that protects you. We collect management fees from the borrowers’ monthly payments. (For more information, see the fee schedule).

The world as we know it is changing before our eyes. Technology is challenging the traditional ways of doing business. We don’t have branches, thousands of employees or overhead expenses. That means higher returns for you. That’s the primary advantage of peer-to-peer lending over other investment and savings options.

Peer-to-peer lending has been operating successfully around the world for almost ten years. Information is accessible. Everything is visible, familiar and known. More and more people communicate with more and more other people and know about their lives, their habits and their friends. Above all, both sides must feel comfortable—that is the essence of lending between people.