Your loan parts are repaid monthly (except for property loans) over 6 months to 5 years, but you have options to access your money at any stage. When you’re ready to withdraw you have two options:
- Withdraw as you go
Turn off reinvesting and withdraw your repayments as they come in.
To turn off reinvesting, go to the ‘Lending settings’ tab on your account. Scroll to the bottom and click ‘Pause lending’. This will stop your funds being lent out to businesses, so the repayments you receive will stay as available funds for you to withdraw.
- Withdraw a lump sum
Select the amount you’d like to withdraw, and sell your active loans to other investors using our automatic selling tool.
Go to the ‘Sell’ tab in your account and enter the amount you’d like to sell. Our tool will then automatically sell your loans to other investors. We’ll notify you when the process is complete.
While usually very fast, selling loans is not instant and depends on demand from other investors looking to buy at that time.
You can only sell active loans with no credit issues, and not in the last month of their term. If a monthly repayment is made on a loan before it is sold, the loan will be delisted. You may then need to start the selling process again if you were unable to sell the value you wanted.