LendForGood Crowdlending Platform
Organisation
LendForGood provides working capital solutions for growing impact enterprises. Between us we have facilitated over $300k in loans and $10m in crowdfunding, and identified the next $4m from organisations seeking loans. Alongside $200k debt from Alliance Bank, this $500k equity investment will build the platform to enable online transactions.
Financial Return
Equity Investment – projected to be cashflow positive by end of 2020.
Social Return
Secondary social returns through the impacts of enterprise clients and their social return models. Success of platform is graduating borrowing clients to investment-grade creditworthiness on the mainstream commercial lending market, while generating competitive returns for lending investors.
Issuing organisation
- LendForGood
Intermediary
- N/A
Size
- $500,000
Minimum Investment
- $100,000
Investment Type
- Equity
Investor Type
- Sophisticated/Wholesale Investors only
Term
- N/A
Impact Focus
- General
Location
- Australia-wide