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Flender - description of the lender

flender_business

Loan amount

15000 - 300000 €

Loan term

12 - 60 months

Flender - description of the lender

Company

Company


Flender is open to any business who wishes to secure funding where a set of audited accounts are available.

Peer-to-Peer (P2P) finance offers a fast and flexible alternative to traditional banks. Peer-to-Peer lending is a form of crowdfunding that matches businesses that wish to borrow with investors willing to lend to them. And because Peer-to-Peer finance providers like Flender operate online and have none of costs associated with bricks and mortar branches, they can offer better rates of return than the banks.

Requirements

Lenders can be resident anywhere in the world. Borrowers who create Flender campaigns need to hold residence in Ireland. Anyone that meets the affordability and credit check requirements is eligible to launch a campaign on Flender. In order to create a campaign, the borrower must meet the following requirements:

  • If you are a sole trader, you must be a permanent resident of Ireland;
  • If your business is a partnership, it must have a permanent place of business in Ireland and at least half of its partners must be permanent residents of Ireland;
  • If your business is a limited company, it must be registered with the Companies Registration Office (CRO). It must have filed accounts with the CRO;
  • Your business must have been actively trading for at least the past two years;
  • Your business must meet our minimum credit risk and fraud criteria.

  • All borrowers are subject to affordability and credit checks to ensure that they are financially able to meet the loan repayments.

    Documents required

  • ID & Address Confirmation;
  • Trading accounts for the past 2 years;
  • Bank Statements (last 6 months);
  • Tax Clearance Certificate.
  • Registration number

    594119

    Address

    14 Clanwilliam Terrace,
    Grand Canal Dock, Dublin

    Additional information

    (01) 551 0716
    info@flender.ie

    Other offers

    Benefits & Features

    • Interest free period to 56 days
    • No transaction fees
    • Emergency Cash Service
    • No annual fee
    • Add cardholders for free

    Salary Requirements

    €16.000 p.a.

    APR

    22.1 %

    Balance Transfer

    0 % for 7 months

    Minimum age

    18 years

    2685

    Classic Credit Card
    Representative example: Typical APR of 22.1% variable including annual Government Stamp Duty of €30. Assuming purchase of €1,500 repaid in equal instalments over a 12 month period. The total amount repayable by customer is €1661.01 which includes initial purchase of €1,500 and a total cost of credit of €161.01.
    NB! Total amount payable depends on the loan amount, percentage, terms and individual creditworthiness.

    Benefits & Features

    • SuperValu Real Rewards points
    • No transaction fees
    • No annual fee
    • Low cost instalment option

    Salary Requirements

    €16.000 p.a.

    APR

    20.2 %

    Balance Transfer

    2.9% for 12 months

    Minimum age

    18 years

    3248

    Affinity Credit Card
    Representative example: Typical APR of 20.2% variable including annual Government Stamp Duty of €30. Assuming purchase of €1,500 repaid in equal instalments over a 12 month period. The total amount repayable by customer is €1,648.38 which includes initial purchase of €1,500 and a total cost of credit of €148.38.
    NB! Total amount payable depends on the loan amount, percentage, terms and individual creditworthiness.

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