Flender is an Irish-based digital lending platform that was founded in 2017. It operates as a peer-to-peer lending platform, connecting businesses in need of fast finance with investors looking to earn attractive returns. Flender prides itself on offering a quick and efficient lending process, with same-day confirmation and 24-hour transfers, making it an appealing option for businesses seeking immediate financial support.
Businesses using Flender can apply for loans ranging from €15,000 to €300,000, with flexible repayment terms of up to 5 years. This allows companies to access the capital they need to grow, expand, or manage cash flow effectively. On the other side, investors on the platform have the opportunity to earn an average return of 9.8%, making Flender an attractive option for those looking to diversify their investment portfolio and generate passive income.
Flender operates exclusively in Ireland, focusing on providing financial solutions to local businesses and investors. By concentrating on the Irish market, the platform can tailor its services to meet the specific needs and regulations of the country, ensuring a smooth and compliant lending process for all parties involved.
The minimum investment required to participate in Flender is relatively low, starting at 50 EUR. This accessibility allows a wide range of investors to get involved in peer-to-peer lending and benefit from the potential returns offered by the platform. While specific details about the average loan duration, total funding volume, and payment options are not readily available, Flender's focus on efficiency and transparency suggests that it strives to provide a seamless experience for both borrowers and investors.
Overall, Flender stands out as a leading digital lending platform in Ireland, offering a convenient and reliable way for businesses to access financing and for investors to diversify their investment portfolios. With a commitment to fast approvals, quick transfers, and competitive returns, Flender has established itself as a trusted partner for those seeking alternative lending and investment opportunities in the Irish market.