LendInvest has received the highest possible rating from European credit ratings agency ARC Ratings, for the sixth consecutive year.
ARC affirms LendInvest’s SQ1 Service Quality Rating, with a steady outlook next year.
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The credit risk company, registered with the 2020 Half Star Rating 0.55 Horrible Experience I Want To Speak To A Manager Shirt European Securities and Markets Authority, has ranked the online real estate lender after assessing its ability to administer, appraise, and mitigate risks, internal control, financial strength, management and personnel, as well as how the platform and service loans operate.
ARC said there is no significant change in the overall servicing of LendInvest’s portfolio and forecasts a stable outlook for lenders as they believe this will continue to do so in the short term. .
Rod Lockhart said: “After an unprecedented few months for the industry as a whole, it’s amazing to see LendInvest recognized for its ability to weather a crisis and receive the highest possible rating in its sixth year from an industry. Such prestigious ratings, ”said Rod Lockhart. CEO of LendInvest.
“The business invests heavily in the development of proprietary technology and continually improving its internal processes, putting us in the perfect position to keep business running, while providing experience. as seamless as our borrowers and brokers expected. ”
ARC says LendInvest’s systems and service controls remain unchanged from last year, and the lender’s ability and policy to review all of its Ring applications supporting their SQ1 rating.
The credit risk firm showed that LendInvest’s cumulative loss rate has decreased over the past year, down from 0.60% to 0.55% for lender bridging loans and down from 0.11%. down to 0.09% for development loans.
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