Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Safety first: Navigate marketplace lending in 2018

The peer-to-peer lending space is “littered” with stories of lenders losing out to poor quality borrowers, so it may be time for a strategy rethink.

That’s according to Bigstone executive chairman Robert Spano.

Speaking to the Nest Egg podcast team, he said these stories are why fractionalisation, partnered with the ability to sniff out the difference between a bad egg and someone down on their luck is important.

“What we have to stop is allowing investors to invest in singular loans,” he said.
“I think fractionalisation, which means taking a small percentage of a great number of loans, has to be in place to allow investors to invest over a spread of loans, not one individual loan.”

Advertisement
Advertisement

Mr Spano also spoke to Nest Egg about:

· Commercial lending in the wake of the royal commission;
· The difficulty small businesses have in accessing finance; and
· Returns or protection – what do investors really want?

Thanks Robert, for sharing your insights with the Nest Egg podcast team!

You can stay up-to-date with what Robert and Bigstone are up to here.

Have an investment story to share? Get in touch at This email address is being protected from spambots. You need JavaScript enabled to view it. and you might get featured on the next episode.

 

Safety first: Navigate marketplace lending in 2018
nestegg logo
subscribe to our newsletter sign up
FROM THE WEB
Recommended by Spike Native Network
Anonymous - There are so many crackdowns by the ATO it’s a wonder that anyone has enough unbroken bones on which to walk.....
Anonymous - Low as in a new low for scoundrels depleting your savings?....
Bronson - I love you Brenton please write more....
The Patriot - It seems madness to lower interest rates when we know that we will need room to drop later as the economy slows on back of China slowing. If wages do.......