We offer a unique facility to sell on the ‘Secondary Market’ any investments you have made. You can choose to put all or part of your original investment amount up for sale, dependent upon sufficient demand from buyers, which will update the amount available for other investors.
If the total loan amount has already been committed by Lendy investors, the project will return to the Available Loans section with your chosen amount available for investment. This will not affect the borrower and once the whole amount has sold we will update your account balance accordingly.
Selling your loan parts on the secondary market relies on another investor buying your loan part. However, this is not guaranteed and you may also experience a delay in selling your investment.