Jeremy Hall
GBUnrealistic advertised returns I'm with many of the other reviewers on here - your money simply sits around too long in their bank account waiting in a queue for investing. My money has been sitting in their client account earning nothing for 6 months. Factor that in, and their claimed 8-12% pa is hard to achieve. If only they could turn money around faster and get it working quicker it would be a great investment opportunity. Their standard answer on here about 'quality investments' ignores the issue investors keep raising with them. I think you can find better overall returns with other lenders.
Doogh Maker
GBA modern day funder for modern businesses. We have funded two projects with blend which are progressing well. Blend has delivered exactly as promised. The legals took a little time to sort but they are robust & we have confidence moving forward with Blend. Payments are prompt as soon as valuations & various reports in progress are presented. A modern day funder for modern day business.
Ken Howard
GBExperience to date. I have been with them a couple of years, give or take. They started off well, placing my investment with borrowers quite quickly but more recently I have not been impressed. It takes ages to place my money with lenders, I mean months, during which time it is earning nothing. Their Autolend system puts you in a queue while you wait for a borrower while early repayments from existing borrowers swell my unlent cash account. If I try to increase the max loan amount to take account of that I go straight to the back of the queue for another long wait. Approaching half my money remains uninvested so, to be honest, I could probably do better in a building society. It seem to be impossible to get onto an investment without using Autolend as they are all snapped up immediately they become available. I am hoping for an improvement.
Arthur
GBVery diligent platform Very diligent platform. I’ve had a great experience with Blend.
Stephen Sanders
GBNice people. Good product. I have been a P-2-P investor for a few years (much better rates than banks). Blend Network are excellent. The process is straight-forward, data is transparent and easy to understand, returns are very good and their customer service is second to none. Nice people delivering a very good product.