You can add as many combinations of settings as you want. The most important to note is to set an amount that is the maximum you are willing to invest in a single loan. The amount will be adjusted downwards to the maximum limit set on each loan.
E.g. If you set the amount to $1,000 but the loan has a maximum investment amount of $500, you will be allocated $500 into the loan. This amount could also be pro-rated downwards depending on the number of investors subscribed to the loan.
E.g. If you set the amount to $1,000 but the minimum investment amount for the loan is $2,000, you will not be allocated in the loan.
E.g. If you set the amount to $1,000 but your balance is only $800, you will not be allocated in the loan.
If your goal is to invest into every single loan, we recommend you keep your filters as wide as possible. This means the lowest possible minimum tenor and interest rate and the highest possible maximum tenor and interest rate.
For those who are risk takers and prefer higher yields, do remember to set reasonable minimum interest rate of at least 9% for invoice financing and term loans as our notified invoice financing listings yield about 0.8% per month and better borrowers may be able to secure lower interest rates on the term loans.
Depending on how you view tenor, you could customize higher amounts for shorter tenor (e.g. 1 month to 3 months) and gradually decrease the amounts on longer tenor (e.g. 4 - 6 months, 7 - 9 months, 10 - 12 months, 13 - 18 months, 19 - 24 months). Since interest rate on a loan is proportional to the credit risk of the borrower, you could also assign higher amounts to loans with lower interest rates (6 - 10%, 11 - 12%) and lower amounts to those with higher interest rates (13% and above).
If you prefer Invoice Financing (IF) over Business Term Loans (BTL), you can add settings for one type and not for the other.
You can even select industries that you are most cautious of to opt-out of those industries specifically. The more common ones to opt-out of are Oil & Gas and Marine & Shipping. The most common borrowers we fund are those in Food & Beverage, Engineering, Retail and Wholesale industries so remember if you select these, you will miss out on a lot of our loans.
Disclaimer: This article is not meant to constitute/be construed as a form of recommendation, financial advice, or an offer, invitation or solicitation from Funding Societies to buy or subscribe for any securities and/or investment products. The content and materials made available are for informational purposes only and should not be relied on without obtaining the necessary independent financial or other advice in connection therewith before making an investment or other decisions as may be appropriate.