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Following discussions between Proplend Limited and GLI Finance Limited, it has been agreed that the original Proplend shareholders will purchase the outstanding ordinary and preference shares from GLI Finance, thereby ending their current working relationship. Proplend will continue to monitor and service the outstanding loans GLI Finance made to SMEs via
Proplend, the Peer-to-Peer Lending platform for secured UK commercial property loans has recently been awarded the maximum PLUS rating of 5/5 for their Tranche A investment and 3/5 for the Tranche B & C investments. 4thWay are the world’s first ratings and research agency for marketplace lending platforms. Their innovative
London, 26 May 2016: Proplend Ltd, the UK’s specialist in commercial property peer-to-peer lending and pioneer of the P2P Loan Tranche Model, are pleased to announce that they have reduced the minimum loan investment amount to £1,000 with immediate effect. Proplend anticipates that the reduction from £5,000 to £1,000