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In this video, we talk about our Secondary Market feature which you can find on your Dashboard. This is the meeting place where investors can sell and buy loans, they might do this as part of a unique investment strategy or to liquidate a loan before maturity.
When selling your loans, remember that you can set your own mark-up, discount* or even leave it at face value. From the “Reports” tab on your account menu, you can easily generate a report for all of your secondary market activities so you can keep track of your secondary market investments separately.
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*When you sell a loan or portfolio with a discount, this can have a significant impact on your overall net return.
