Our Statistics

We believe that transparency is vital to the success of a financial technology company

Active Investors
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Over 10,000 investors have lent money to Canadian businesses
Loans Originated
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Lent across Canada to 100's of growing small businesses
Total Loans Issued
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Performance by Loan Grade
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Distribution of Loan Grades
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Loan Characteristics by Loan Grade
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Loans by Province
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Loan Purpose
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Lifetime Default Curve
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This chart shows the cumulative loan principal defaulted in each month divided by the total volume of loans originated. Where a recovery has been successful, this will be included so the loan will be shown with the cumulative principal lost. This is compared to the projected loss curve which is calculated using the assumptions below.
Click here to view the default rate assumptions.
How Our Projections Are Calculated
Lifetime Default Curve:
To project the lifetime default curve, we use a model portfolio which assumes continued re-investment for a period of 12 months and then full amortization for the following 48 months. This is to align default performance to the normal behaviour of an “annual cohort”. In this model, there are four factors used as inputs to calculate the projected default curve. The factors used are outlined below and are used to generate the following projected default curve:

Factors Used in Default Curve Modelling:
Portfolio Mix
The following table outlines the assumed portfolio mix that is used to calculate the projected default curve.

Band
Total
A+
0.96%
A
8.19%
B+
14.94%
B
21.41%
C+
17.83%
C
15.28%
D+
9.38%
D
6.48%
E+
4.09%
E
1.45%
Total
100.00%

Expected Yield & Expected Default Rate
The following table outlines the projected yield and the projected default rate by risk band used to calculate the projected default curve.

Risk Band
Projected Gross Yield (%)
Projected Bad Debt (%)
A+
7.66%
2.00%
A
9.62%
3.50%
B+
11.06%
4.50%
B
12.52%
6.00%
C+
13.99%
7.00%
C
15.47%
8.50%
D+
17.26%
10.00%
D
19.35%
12.00%
E+
22.66%
15.50%
E
26.28%
18.00%
Weighted Average
14.23%
7.42%

Distribution of Defaults (the distribution of time for a loan to default).

The distribution of defaults is calculated using the exponential distribution function as explained by the following function: F(x; λ) = 1 - e-λx.For this function, a value of 0.1 is used for the lambda [λ] value of each Loan Grade (where x is time from loan start). We generated these projections by looking at the λ seen on projected and actual default curves of our own historical defaults as well as comparable international p2p lending platforms.

Important Limitations to this Estimate
These returns are an estimate of the total default rate for a given portfolio. We use these calculations as we believe they are currently the most useful way to model bad debts for a given cohort. However, as with many calculations it has limitations, which include:
- The estimate uses a model portfolio and the actual portfolio weight of your Notes are likely to vary from the one shown.
- The calculation is based on estimated bad debt rates and the actual bad debt rates will likely differ.
- The model assumes interest is compounded monthly and assumes losses are compounded for the first 12 months as re-investment occurs.
- It assumes that all funds are fully invested in Notes and does not include any amounts not invested
The calculation assumes that your portfolio is fully diversified, to ensure this is the case, no single Note should make up more than 1% of your portfolio.

Loans by Industry
Projections Disclaimer

The indicated rate[s] of return are hypothetical annual returns. There is no assurance that actual returns will be the same. As you are investing to your own individual portfolio of Notes, actual returns may be higher or lower than estimated. These projections or expectations may be revised for a number of reasons, including if macroeconomic conditions change, and the projected yields and returns will be adjusted to reflect this.

Numerous assumptions have been used by Lending Loop in preparing this statistical information, which may or may not be reflected in the information that is displayed to you. The statistical information should not be construed as legal, tax, investment, financial, or accounting advice. The information is provided as of the dates shown and is subject material change without notice. The information may contain various estimates and actual results or performance may differ materially from those expressed or implied from such estimates. None of the information is or should be relied upon as a warranty, promise, or representation, express or implied, as to the future performance of any loans Any historical information contained in this statistical information is not indicative of future performance.
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Interested in our estimated net returns?
View our assumptions here.

Balanced
Estimated Net Return
7.9%
*

This plan purchases the following selected notes:

A+
A
B+
B
C+
C
D+
D
E+
E
Conservative
Estimated Net Return
6.7%
*

This plan purchases the following selected notes:

A+
A
B+
B
C+
C
D+
D
E+
E