LENNDY

LENNDY – the first lending marketplace in Lithuania. Loan issuers (loan issuers that provide loans with recourse) sell prior issued loan obligation rights on the platform. Investors have the ability to employ their funds and receive higher returns than keeping money on deposit or using other traditional investment tools. In LENNDY platform, investors have the opportunity to purchase already issued credit agreements, rights and commitment to earn 12-15% per cent of annual interest. In the platf... orm contracts are signed as well as BUYBACK guarantee and technological solutions protect investors funds. The system allows more of the public to participate directly in the national economy, the promotion of small and medium business growth. The idea of LENNDY platform came up in spring of 2015. At that time, crowdfunding has been known throughout the world and gained tremendous momentum. In collaboration with the responsible national authorities, in the context of lawyers and law companies, have been created innovative solutions and consumer protection based on lending marketplace. The latter gave a positive assessment of many prominent Lithuanian economists and businessmen. Main LENNDY platform mission - to promote Lithuanian businesses in alternative, and, most importantly, safe methods of financing. Platform operation system is directly useful for Lithuania economy, so all are welcome to contribute to LENNDY.More