BLender Finance 2.0.1

Blender Loans operates as an online lending platform that connects borrowers seeking fair loan terms with lenders interested in earning a competitive interest rate on their idle capital. The platform offers borrowers favorable conditions and a streamlined 100% online application process, which can significantly enhance their borrowing experience.

Lenders, on the other hand, benefit from fixed monthly repayments, providing them with predictable returns on their investments. Blender is fully compliant with regulatory standards and holds a Pan European Electronic Money License, in addition to obtaining necessary local lending licenses across the countries it serves.

For example, in a typical loan scenario calculated at €500 over a duration of 6 months, the breakdown includes a commission of €60 and an interest amount of €11.5, resulting in a total repayment of €571.5. This equates to a monthly repayment amount of €95.25 and an annual percentage rate (APR) of 7.04%, with rates ranging from a minimum of 4% to a maximum of 17.1%. The platform accommodates loan periods typically spanning 36 to 48 months.