/dev/summer 2015 #devsummer
What? Marketplace Lending!
~S$32,400 repayment in 1
year
Bank
P2P
lending
Bank n lenders
n deposits = S$30,000
@ 1.5% interest rate
SME(borrower)
S$30,000 loan @ 8%
~S$30,450 repayment in 1
year
Return of 6.5%
or S$1,950
~S30,500
or 1.5%
RETURN
4
Capital Match
Lender 1
Lender 2
Lender 3
SME(borrower)
Loan syndication on
behalf of the
lenders
S$30,000 loan @ 6.3%
1%+ underwriting fee = S
$300-400
S$5,000 loan @ 7%
S$5,000 loan @ 7%
S$20,000 loan @ 6%
~S$31,900 repayment in 1
year ~S$31,500 repayment
20% commission on
returns = S$400
~S20,960
or 4.8%
~S$5,280
or 5.6%
~S$5,280
or 5.6%
1% provisional fund = S$300
Provis. Fund