and

(ii) A new fair, objective, flexible and transparent online channel for SME financing.

The aim of the platform is to use technology and innovation to reduce the costs of traditional banking and offer better service and lower financing costs for SMEs, as well as better returns to investors.

SMEs borrow from one or more people while investors are able to diversify their portfolio by lending to a broad range of companies.

Prior to get to the marketplace, businesses must pass through a rigorous credit and risk analysis process led by an expert team:

(i) Using detailed market information, including financial, business and solvency information of the SMEs analysed,

(ii) Sophisticated tools and standardised processes, and

(iii) Periodic analysis of loans

(iv) Analysis based solely on objective criteria for determining ratings and cost.

LoanBook offers to investors different ways to invest including:

(i) Traditional marketplace lending auctions,

(ii) Automatic investment through online mandates,

(iii) Separate accounts for institutional investors, and

(iv) Tailor made credit portfolios.