Making the switch from a savings account at a bank or another investment platform to EstateGuru this month is the best financial decision you could make.
With interest rates dropping to 0% in many European countries, entrusting your hard-earned money to a traditional bank will have about the same effect as keeping it under your mattress. Meanwhile, the CoVid-19 pandemic and the global financial crisis unleashed in its wake have shown how many investment platforms are built on extremely shaky foundations, with investors unable to access their funds in their moment of most dire need.
EstateGuru investors have received an average annual interest of 11.82% to the value of €15,361,218 over the last six years. There has been no loss of investor capital, and with an active Secondary Market investors enjoy a very high level of liquidity.
Here are four more reasons you should switch to EstateGuru this June.
- Open communication
EstateGuru is built on an ethos of openness and honesty, that’s why every loan we offer for investment has a detailed page giving you an unrivalled depth of information on the project, the borrower, the collateral offered to secure the loan and all other important information. We believe investors deserve to make an informed choice of where their money goes. Our support desk is at hand to give each and every one of our over 50 000 investors personal help whenever they need it – no automated responses or stock-standard answers.
- Total transparency
Our annual financial report is audited by Ernst & Young, one of the world’s leading independent auditing firms, and is freely available to any investor (the 2019 report is set to be released soon). Our entire loan book is available to download and we publish monthly loan updates to all investors who wish to receive them. We also don’t hide the bad news (although it is thankfully quite rare that we have any) and regularly publish in-depth overviews of our problematic loan portfolio.
- Proper risk management
All investment carries risk, this is one of life’s inescapable truths. The art lies in mitigating these risks so that when trouble hits, it is an inconvenience rather than a disaster. By using a combination of local experts in each of our markets, independent property valuation services, cutting-edge digital and AI solutions and an inherently conservative approach to how we protect investor money we keep default rates low and ensure that, when a loan does go into default, we have every avenue available to us in order to retain investors’ funds. That’s why we’ve never lost a single Euro of investor money in six years.
- The security of a first-rank mortgage
When an SME borrows money on the EstateGuru platform, they need to provide a mortgage on the collateral to EstateGuru, who acts on behalf of our pool of over 50 000 investors. In the overwhelming majority of cases, we insist on a first-rank mortgage, which means that, even if the borrower defaults on the loan, our investors are first in line to receive their money when the collateral is sold. To add an additional layer of safety, we provide a maximum potential Loan to Value ratio of 75% (in reality the average is around 58%). Read more about how this works here.
To encourage new investors to try EstateGuru this month, we are offering three first-time investors a €100 bonus straight to their investment account. To qualify, you’ll need to make an investment before the 30th of June, 2020.
The winners will be notified via email and receive the funds to their accounts in the second week of July.
And if you’re already an investor, there’s never been a better time to invite a friend to join EstateGuru by sending them your unique Referral Code. You’ll both get a 0.5% bonus on all their investments placed during the first three months.See all campaigns