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Authorised & Regulated by the FCA (UK) 782496

Loan Volumes and Amounts Paid to Investors Apr-23 May-23 Jun-23 Jul-23 Aug-23
Aggregate loans issued from inception to date (£) 36,717,398 37,080,468 37,341,388 38,186,578 41,069,498
Aggregate principal paid from inception to date (£) 9,962,621 10,571,487 11,138,087 11,545,354 12,182,468
Aggregate interest paid from inception to date (£) 2,560,244 2,673,701 2,828,878 2,954,711 3,115,422
Loan Analysis1 £ %
Loans outstanding – Current2 29,423,911 97.06
Loans outstanding – Arrears3 333,210 1.10
Loans outstanding – Default4 557,387 1.84
Total Loans Balance 30,315,171 100.00
Arrears Analysis – Loan Balances1 £ %
Less than 30 days 85,880 25.77
Between 31 and 60 days 177,418 53.25
Between 61 and 90 days 69,911 20.98
Total Loans in Arrears 333,210 100.00
Arrears Analysis – Actual Amounts Overdue1 £ %
Less than 30 days 1,308 11.96
Between 31 and 60 days 6,181 56.51
Between 61 and 90 days 3,450 31.54
Total Amounts Overdue 10,938 100.00

Vintage Analysis1,5

Loan Origination Year 2018 2019 2020 2021 2022 2023 Total
Total loans issued in year (£) 295,133 2,811,435 6,947,410 10,078,010 14,409,150 6,528,360 41,069,498
Total principal paid from loans issued in the year (£) 219,924 1,867,483 3,734,057 3,924,622 2,138,432 297,949 12,182,468
Total interest paid from loans issued in the year (£) 63,782 538,273 1,052,356 948,260 451,896 60,855 3,115,422
Loan balances by year of issue – Total (£) 92,881 1,102,045 3,523,856 6,413,410 12,886,945 6,295,370 30,314,507
Loan balances by year of issue – Current (£) 62,410 916,255 3,319,117 6,273,339 12,560,466 6,292,324 29,423,911
Loan balances by year of issue – Arrears (£) 0 4,829 51,448 58,239 215,647 3,046 333,210
Loan balances by year of issue – Default (£) 30,471 180,961 153,291 81,832 110,832 0 557,387
Initial loan amount by year of issue – Loans in repayment (£) 295,133 2,811,435 6,947,410 9,553,520 8,111,600 2,226,890 29,945,988
Loan balances by year of issue – Loans in repayment (£) 92,881 1,102,045 3,523,856 6,177,631 6,566,481 2,031,807 19,494,700

Defaults & Recoveries

Loan origination Year 2018 2019 2020 2021 2022 2023 Total
Defaults (£) 51,636 319,896 173,342 88,159 112,470 0 745,503
Recoveries from previous default situations (£)7 21,165 138,935 20,052 6,326 1,638 0 188,116
Written-Off loan amounts 0 23,969 0 0 0 0 23,969
Recovery rate (%)8 40.99 43.43 11.57 7.18 1.46 0 25.23

Risk Warnings

Remember, past performance is not a reliable indicator of future results. And forecasts are not a reliable indicator of future performance.
Investors on Lendwise are not covered by the Financial Services Compensation Scheme.

Independent advice
We recommend that you seek independent financial advice if you are in any doubt as to whether lending via Lendwise is suitable for you.

Definitions of arrears and defaults

1Excludes all loans with an arrears balance of less than £1 and loans considered in default.

2Current Balance (Principal & Interest) of loans that have been originated on the Lendwise platform which are outstanding and which are not considered to be in arrears or in default.

3A loan is considered to be in ‘Arrears’, where the relevant borrower of the loan is overdue on any amount in one or more instalment payments. The amount of arrears is the total outstanding amount of the loan.

4A loan in default is considered to be any loan that has been in arrears for more than 90 days or a loan in arrears for less than 90 days where we have information to believe that there is no reasonable expectation that the borrower is going to repay the loan on the original loan repayment date and/or terms. As a result, this category can include loans where repayments are still being made and are in the process of clearing their arrears. Such loans will be reflected in the corresponding recovery data row. The amount includes any portion of the loan that has not yet been repaid and/or all costs incurred by the lender in relation to the enforcement of a defaulted loan, where such costs are not recovered in full from the relevant borrower.

5The loan information displayed relates to that calendar year (from January to December) as shown in each column.

6“Currently in Default” represent total amounts lent in that calendar year currently in default.

7“Recoveries” represents those amounts of loans which we previously classified to be in default but were since recovered.

8“Recovery rate” represents the proportion of loans which are recovered, having previously been classified to be in default.

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