Unilend: a site is pleasant to use

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unilend
Page Unilend d´accueil

Tonight I present to you unilend a site of crowfunding, the TPE French SME loans. The principle is simple, just choose the amount loaned, the project and the rate (between 4.5 and 10%). The rate is correct, (about 5 to 6% net d taxes and the risk of non-payment). The site is nice and simple to use, filtering for companies wishing to apply now.  It is neither costs d´entree, exit or management for lenders.

Presentation of l´entreprise Unilend:

Unilend c´est a concept. Unilend c´est the loan of these individuals to French companies and without intermediaries.

Lenders

What are the benefits of Unilend?

Your money is working in the right direction, Unilend assumes that c´est your money and that c´est so you that decide to lend.  Unilend prefers you to support projects that hold you dear, contrairment to many banks which you do not know what serves your money.

You receive monthly income. Your loans you pay interest and are repayable monthly. Each month, you receive your interest and a portion of your capital is repaid. C´EST one can as if you were the Bank and c´est you who grant a credit.

This is the famous interest month-to-month
This is the famous interest month-to-month

You know what is your savings. Your loans directly allow French companies to carry out their investment projects. Unilend organizes loans, contracts and refunds directly between lenders and companies. There is no middleman. Very simple C´EST under these conditions.

You pay no fees. Unilend is totally free for lenders. The interests that you attach are those you receive. Unilend exclusively paid to borrowers when they meet their funding.

You start to lend from 20 euros. This sum is deliberately low because so you can diversify and to better manage the business qu´une risk paying more. In this regard, do lend to l´argent which you n´avez not need and lend to many companies to reduce the risk.

You pay from 20 and up to 5 years (60 months). This enables you to build a nice savings and best in all this? C´EST you who choose the rate at which you will pay and up to 10% annual. Once the amount reaches credit, only the lowest rates are then selected through a reverse d´encheres system.

Lenders FAQ

What is Autolend?

autolend
Autolend allows you to automatically propose offers of loan according to the criteria that you set in advance.

Simplify your life
With Autolend, you do need to connect to verify that your offers are selected or to replace rejected offers.

Diversify your portfolio
With Autolend, you pay to all projects that match your criteria.

Loan at the best rate
With Autolend, your offers are automatically placed and replaced at the best possible rates.

Build up so quickly and simply a portfolio diversified at the best interest rate, according to your own rules. Do more miss the most attractive projects.

Obviously, Autolend is completely free and you can enable it or disable it at any time. You can also change your criteria at any time.

Enable Autolend

Autolend, how does it work?
To enable Autolend, just simply direct you in how to 'Profile' and then 'Autolend' and choose the amount you want to pay and the minimum interest rate that you want.

As soon as a project is brought online, Autolend offers a loan for you at the maximum rate, i.e. 10%, for the amount that you have determined. Of course, if your account is not sufficient funds, Autolend does not offer.
Thus, you are sure to never miss any project that corresponds to your criteria.

If your offer is rejected, Autolend makes a new offer for you at the next lower rate for the same amount.
This mechanism continues until your loan offer has been accepted or that the bids have an interest rate lower than the floor rate that you set.
Thus, you are guaranteed to get the best rate, to the rate floor that you yourself have determined.

If you want to go further, you can set different loan criteria for all repayment times and all possible ratings. Just click on 'More criteria'.

Of course, you can always formulate offers yourself: they will be added to your Autolend offers.

Click here to understand everything on Autolend
In order to benefit from Autolend, the General Conditions of sale have been updated, and you must sign them to continue lending.
They will be presented to you during your next connection to your lender space.
Without action on your part in the next two months, the General conditions of sale updates will be automatically validated.
Lend presents a risk of non-repayment: well divide your loans and do lend money you don't need immediately.

In case of defects how it happens?

Note that when this update in may 2016, the recovery is now free for lenders (for loans made after April 19, 2016), and reinforced: the collector may take legal action.

Taxes and taxation

Taxation of interest received for individuals

The interest you receive each month are taxed in the "investment in fixed-income products" category, as e.g. the interests of the banking booklets or coupons of bonds. As such, they are taxed at the progressive rate of income tax and are subject to social security contributions.

How does it work?

Each month, borrowers repay you and Unilend takes on an interest withholding tax flat rate of 24% (it is a deposit on your income tax), plus social security levies (corresponding to 15.5% interest). The following year, this deposit is adjusted by the IRS your tax to the income tax rate: in case of too much perceived, it refunded you, otherwise you are taxed on the balance.

If you receive less than €2,000 per year of investment in fixed income products, you can claim on your tax return, be subject to discharge by lump sum taxation from 24% in respect of the income tax: it's interesting if your marginal tax rate is greater than 24%. In this case, you will therefore not additional to be paid to the Public Treasury funding.

Exemption from levy of the advance payment of income tax

You can ask to be exempted from the regulation of the advance payment of income tax, if the tax income of reference of your tax home in the previous year (shown on your notice of assessment) is:

  • less than €25 000 if you are single, divorced or widowed,
  • less than €50 000 if you are subject to a common tax.

In this situation, Unilend will pay you your interest after a withholding comprised solely of levies (i.e. 15.5% interest).

Note also to tax households in this situation: a fraction of social security levies, the CSG, is deductible from the taxable income of the year of the payment, at 5.1%. This amount will be calculated and deducted automatically from your taxable income by the IRS.

Caution: any false statement on your part would incur your responsibility. This exemption from advance payment on revenues in 2016 may apply on income received after the receipt and processing by Unilend of a Declaration on their honour stating that you meet the conditions required by law (date of legal deadline for receipt of the certificate for revenues in 2016: 30 November 2015).

Allocation of capital losses

For all loans made from 1 January 2016, any capital losses are deductible in respect of the tax on the interest income received during the same year or next 5 years on loans of the same kind up to EUR 1 000 per loan. This provision concerns all projects online at Unilend from December 28, 2015, learn more.

By lending on Unilend, you take a risk of capital loss in the case where the undertaking which you lent is lacking. If a capital loss final due to the final cessation of repayment of receivables by a company funded after 1 January 2016 is found, you can pass it on to any interest received on other projects during the following 5 years, within the limits of the 1,000 first Euro lent by project (learn more about legal uncollectibility cases). It is a neighbouring mechanism from that applicable to losses on disposals of securities, e.g. shares.

This tax provision allows you to pay taxes only on your net winnings. This does mean in any way that the State shall compensate your losses.

You can of course pay more 1000 euros per project: on the other hand, the deductibility does not apply beyond 1,000 loaned by project.

For exampl
e, suppose that you pay to two different companies: EUR 2 000 for the undertaking 1 to 12,000 euros to the company 2. 1 undertaking fails, you can tax deduct capital losses recorded on the first € 1,000 loaned to the company 1 of the interest paid by the company 2 for five years.

To get the most out of this tax provision, it is very important to spread your loans on a large number of companies.

Attention: the mechanism of allocation of loss applies only in respect of the income tax, not on social security levies.


Single tax printed

For you accompany your annual income tax return, each beginning of the year following the end of the corresponding fiscal year, Unilend offers a unique tax print (IFU) in your secure personal space. It certifies your income received on Unilend and the tax and social levies already operated. All the information contained therein were transmitted to the IRS. You will find them on your pre-filled tax return.

Tax residents abroad

If you are fiscally outside France, only a withholding tax of 15% of the gross interest is operated.

Taxation of interest received for legal persons

The interest you receive each month are taxed at corporate tax after a deposit of 15% withheld at source.

In the case of legal persons, the losses can be deducted; You can pass this asset in loss. To justify this accounting regularization operation, you can apply for a certificate of uncollectible from the liquidator.

Single tax printed

For you accompany your annual income tax return, each beginning of the year following the end of the corresponding fiscal year, Unilend offers a unique tax print (IFU) in your secure personal space. It certifies your revenues collected on Unilend and already made tax levies. All the information contained therein were transmitted to the IRS.

Change the rate to 24/08/2016

There are new for lenders on Unilend.

With almost 3 years of experience and more than 280 projects funded by the community, we learned a lot of lenders and borrowers. This decline today allows us to refine our system of interest rates.

Until now, you could set rates of interest between 4 and 10%, regardless of the score and the repayment period of the projects to which you pay. This range is now refined according to the length of the loan and the confidence score Unilend.

See the details of the new minimum and maximum interest rates.

The auction system still work?

Yes. Only the range of possible interest rate changes. As before, the new minimum and maximum interest rates will be offered automatically when formulating your loan offers.

What are the changes for Autolend?
According to the term of the loan or the confidence, the minimum interest rate you have chosen can be higher than the maximum now possible. All affected lenders will receive a personalized email. To be sure to continue to lend to all the projects that meet your criteria, we recommend that you check your Autolend settings.

-You it a consequence on loans in repayment?
No. Nothing will change for your current loans. The new interest rate ranges apply to the new proposed projects.

We believe that these new rate ranges will allow to maintain the right balance between the interests of lenders and borrowers, that meet your interests.

We thank you for your confidence and wish you a beautiful late summer.

The team of Unilend.
Lend presents a risk of non-repayment: well divide your loans and do lend money you don't need immediately.

When you make an offer to loan to a project, you choose the amount and the interest rate that you want to lend.

For each project, a fork of interest rate is set based on the duration of the loan and the confidence score Unilend. Possible interest rate you are offered automatically when formulating your offers.

Remember: only the lowest rate loan offers will be considered.

For example, you make a loan offer in the amount of 100 euros to a project which the trust rating is 4 stars and the repayment period is 24 months: you can set a range between 5.5 percent and 7.5 percent interest rate.

Note: As soon as the minimum interest of a project rate is reached, its fundraising campaign is closed. To be certain to lend to all the projects that meet your criteria, you can enable Autolend.

unilend crowdfunding new rates

Borrowers

Why choose unilend?

Companies have several interests to finance itself from the Unilend community:

  • speed 
    The companies finance themselves on Unilend very quickly: sometimes in 45 minutes, on average in two weeks (see statistics). However, for a business, time is money.
  • no hidden fees  
    There are no hidden costs: no insurance, no personal deposit, no demand of counterparties, no early repayment charges. In other modes of financing, these fees, which are not included in the initial rate, come to encumber the final cost of the loan.
  • the rate is less important than the monthly payment
    Business Manager viewing the monthly burden by borrowing. For example, for an amount of €80,000 borrowed over 4 years, the variance of monthly payment between a rate at 5% and 9%, represents less than €150. As there are no other charges, this difference is insignificant in the end.
  • advertising
    In presenting their project on the site, companies make visible with new customers, partners and suppliers. An additional advertisement for the company.

    

FAQ borrowers at unilend

How are selected projects listed on Unilend?                   

Only the strongest projects are presented to the community of lenders Unilend.

To do this, they must pass two filters:

Filter 1: the eligibility test.


This step is done in partnership with Altares, which belongs to the Dun & Bradstreet number 1 global network of business information.
Only companies with the latest available accounts indicate a surplus gross positive operation and positive equity are allowed to file their project on Unilend.

Filter 2: risk analysis Committee


Admitted companies to file their proposed are then investigated by analysis of the risk of Unilend Committee. To understand the business, it relies on accounting documents provided by the company during the tabling of the Bill. Above all, to understand the project and the ability of the company to assume its refunds, the Committee talks directly with the executives of the company.
For each project, the Committee analysis of the risk of Unilend gives a note of confidence

This note is intended to allow lenders to understand the repayment ability of the enterprise to which they may lend their money.

Understand the notation Unilend

For each permitted company to introduce his Bill, the Committee analysis of the risk of Unilend gives a note of confidence from 1 to 5 stars. Naturally, 5 stars is the highest rating, 1 star is the lowest. Unilend does not project receiving 1 or 2 stars.

The score determined by the risk Committee is based on four criteria weighted according to their importance:

Criterion 1 importance (40%): financial performance
This criterion includes the quality of the financial structure, debt levels, profitability, cash and forecasts provided by the company upon the filing of its project on Unilend.

Criterion 2 importance (30%): the company's market
This criterion takes into account the dynamism of the market which is changing the business and its competitive positioning.

Criterion 3 (20% importance): management team
This criterion focuses on the experience of leaders and the relevance of the tools used.

Criterion 4 (10% importance): external assessments
This criterion to take into account provided ratings by Altares and, where appropriate, by the Bank of France or the Coface.

Each criterion is noted on 10 and weighted according to its importance to form the final score.
So a company that would be rated 7/10 in terms of financial performance, 8/10 in terms of market, 6.5/10 for the quality of its management team and 7.5/10 in its external assessments would assign a note of: 7 x 40% + 8 x 30% + 6.5 x 20% + 7.5 x 10%, or a score equal to 7.25.

Once this score out of 10, it is translated in the form of stars to form Unilend note:

8.5 to 10: 5 stars, the financial strength of the company is excellent

From 7.5 to 8.5: 4.5 stars, the financial strength of the company is very strong

6.5-7.5: 4 stars, the financial strength of the company is strong

5.5 6.5: 3.5 stars, the financial strength of the company is good

4-5.5: 3 stars, the financial strength of the company is acceptable

2 to 4: 2 stars, the financial strength of the company is low. The project may not be featured on Unilend.

From 0 to 2: 1 star, the financial situation of the company is very low. The project may not be featured on Unilend.

You can see the stars in the 3 boxes
You can see the stars in the 3 boxes

Unilend has made the choice to withhold that companies rated at least 3 stars, i.e. those that show above-average financial strength. Others are simply not allowed on Unilend.

Other information

Who is Unilend?

 

A shareholder who doesn't hide, a good sign

With 9.5 million euros of equity since its inception, Unilend has for shareholders its leaders and employees and investors of any Foreground: Ventech, 360 Capital and Bpifrance.

Unilend is provider of payment services mandated by the SFPMEI and declared to the authority of prudential and resolution (ACPR).

Unilend is certified by the world competitiveness cluster Finance Innovation and member of professional associations funding participatory France and European Crowdfunding Network.

A team

  • The strategic Committee

Nicolas Lesur – founder


A graduate of HEC and INSEAD, Nicolas is a specialist in financial savings for fifteen years. He started his career at BNP Paribas before direct marketing Bank Neuflize OBC and the Société de gestion Financière de L'echiquier. Nicolas is also president of funding participatory France, the professional association of French participatory finance.

Francois Prioux – founder


A graduate of the ESSEC, François created the Firstinvest.com website became Capital.fr in 2005. Since then, he has worked at UBS and DC Advisory on operations of acquisitions and financing of businesses of all sizes.

Xavier Deleplace (Bpifrance) – Strategic Committee


A graduate from the INPG and IAE Grenoble, Xavier began his career in 2000 at Odyssey Venture. He joined Bouygues Telecom in 2006 then CDC Entreprises and Bpifrance in 2011. It is present on the boards of Avencall, Balyo, E-Blink, Geolid, Link Care Services, Neotys, Recommerce Solutions and Tag Commander.

Jean Bourcereau (Ventech) – Strategic Committee
A graduate of the Ecole Polytechnique and Telecom Paris, Jean began his career between the United States (AT & T Bell Labs) and South America (Telecom Argentina), then at Altran between 1997 and 2000. Jean is managing partner at Ventech since 2000 and serves on the boards of AdValem, Ateme, Crocus Technology, Ekinops (EKI), Ogury and Withings.

Emanuele Levi (360 Capital Partners) – Strategic Committee


A graduate of the University of Turin and the London Business School, Emanuele began his career in 1993 with Unicredito before joining bath & Co and Lazard. He is general partner and the Paris Office of 360 Capital Partners. Since 2000, he has directed twenty investments in Italy and France. He serves on the boards of AramisAuto, Leetchi, Sojeans, Yellow Korner and Withings.

  • The Steering Committee

Pierre-Henri Cassou – Steering Committee


Former student of the Ecole polytechnique and ENA, Pierre-Henri has contributed to the development of the major french financial sector legislation, in the direction of the Treasury then, within the Bank of France, as Secretary general of the Committee of the financial rules between 1984 and 2001. He then was a partner of the network of Accountants Deloitte in France. He founded the European Observatory of lending in the economy funds to facilitate the financing of SMEs/TPE.

Claude Rousset – Steering Committee


Claude has done throughout his career in the commercial bank in SME. He notably directed Department Credits / risk of Banque Neuflize OBC for 10 years. He chairs the Committee on risks of Unilend. He is also member of the Board and Secretary of Strasbourg place financial and responsible for business for the France Foundation partnerships.

Arnaud Poissonnier – Steering Committee


Holds a DESS diploma of fitness to notaries and law, Arnaud has conducted a first career in twelve years wealth management banks. In 2008, he founded www.babyloan.org that allows the French to lend their money interest-free to the entrepreneurs. Babyloan quickly became the European leader of the microcredit and Arnaud is considered to be the french participatory finance specialist.

  • Team

Arnaud Schwartz – Sales Director


A graduate of ISG and ESSEC, Arnaud is specialist in the distribution of credit offers. In 2008 he joined the distribution of BNP Paribas Personal Finance Management to deploy new ranges of products and services across Europe, the Russia and South America. He then launched a partnership between a large food distribution chain and BNPP. In Unilend it is in charge of business development with TPE/SMEs and their partners.
Matthieu Trouvat – relationship borrowers


The TPE/SME financing specialist, Matthew worked at BNP Paribas for six years before heading the French branch of a Spanish bank.
He is in charge to publicize Unilend TPE/French SMEs and their advice.

Pierre-Henri Soler – relationship borrowers


A graduate of Skema Business School, Pierre-Henri has worked five years on financial markets in France and abroad.
He is in charge to publicize Unilend TPE/French SMEs and their advice.

Thierry Garot – head of partnerships


Specialist in partnerships for twenty years, Thierry was successively co-founded regions guarantee funds and held positions of leadership within the umbrella organisation of crafts (UPA), contributed to the creation of branch brokers professional the AFIB and then created a company dedicated to funding. Thierry developed Unilend partnerships with financing networks and financial institutions.
Christophe Martins – Director of marketing


A graduate of Dauphine and CELSA, Christophe is a specialist marketing and communication for twelve years. He has been in charge of the marketing development and innovation for more than eight years in the Crédit Agricole Group and is an expert for the global competitiveness cluster Finance Innovation. At Unilend, he is in charge of marketing, communication and client relations.
La Morinerie Ladislas – Lender Relations


At Unilend, Władysław takes care of the relationship with the customers. It is responsible for the construction and the animation of the community of lenders.

Emmanuel Perez-Duarte – Director of risk and operations


A graduate of HEC, Emmanuel began his career within the Group Renault, where he served as internal auditor, specializing on the audit of efficiency of processes at RCI Banque, captive financial company of the group. At Unilend, he is in charge of the control of operational risks, regulatory compliance, and financial reporting.

  • They advise

Martin Comar – partner

After founding the site Firstinvest.com, now Capital.fr, Martin led the digital strategy and acquisitions of the Group Prisma press. In 2009, he founded P as Performance, quickly became the first French governance in email marketing. He is the founder and Executive Director of Arthur Media Group, specialist of the generation of hearing on the Internet.

John Louis – associate


After leading the host European marketing Lycos then digital marketing of the operator Debitel, Louis co-founded lentillesmoinscheres.com then P as Performance, quickly became the first French Board of email marketing. He is the founder and president of Arthur Media Group, specialist of the generation of hearing on the Internet.

Isabelle frame-Avinash – Legal Affairs


Lawyer at the Court of appeal of Paris, Isabelle holds a postgraduate degree in European law from the Affairs of the University of Paris-Descartes. After more than ten years of experience in law firms and as head of legal of company, she founded the law firm of Logelbach and associates in 2009. She specializes in including the right companies and the monetary and financial law.
Séverine Farge – brand strategy consulting


Associate letters and semiologist, Séverine Charon is co-founder of Semiosine, consulting agency that accompanies the brands in their identity and strategic reflections: brand platform, creation of name, taken from speech and speech appropriate.

Olivier Pineda – artistic Direction UI/UX


Specialist of the ergonomic design and the design of interfaces, Internet applications and mobile, Olivier initially founded Milky where he served for four years mainly on social networks. He then founded Seempl, a studio and design #UX design #UI.

Gaëlle Pineda – brand strategy consulting


Trademark specialist, Gaëlle has ten years of experience in the watch, the communications consultancy and media relations with the press, first to the Argus of the press and then in between the lines.
In 2011, she co-founded Semiosine, a specialist of strategy consulting and brand identity Agency.
Our partners

Bpifrance
Bpifrance finance companies of the boot up to the stock exchange. Its equity investments are operated by Bpifrance investment. Bpifrance invests in minority, directly or indirectly through partners, in French companies, SMEs, ETI and large enterprises (EUR 1 billion invested in 2013).

Ventech


Ventech is an "early stage" investment fund in China and Europe supporting technology startups and the digital economy. Since 1998, Ventech has particular invests in Webedia, Withings, and StickyAds.TV.

360 capital Partners


360 capital Partners is a "early-stage" venture capital firm that invests in Europe, and more particularly in France and Italy. During the fifteen years, more than 300 million euros was invested in more than 80 companies.

SFPMEI – registered establishment that handles financial flows


Created in 1999 to operate the system of payment MONEO, SFPMEI is a french credit approved by the authority of prudential and resolution under no. 14378. SFPMEI shall exercise under the responsibility of the Bank of France (61 rue Taitbout – 75436 Paris cedex 09).

Altares – vendor data and risk analysis tools


Altares is the french member of the international network Dun & Bradstreet, global leader in the provision of data on companies with more than 200 million companies identified in 220 countries. Altares allows Unilend of collecting trustworthy on borrowers and analyze their repayment capabilities.

 

 

                                          


My opinion
: to lend on Unilend, it is very simple

Process

To open your personal Unilend account, simply fill out the (short) form online and upload the photo to proof of identity, proof of address and a RIB. It takes a few days for validation.
1.  You select the companies that you want to lend your money.
Unilend gives you access to all the information to make your choice:

  • the description of the company
  • the details of his project
  • the State of its financial accounts
  • the risk rating by Unilend

Everything is presented in a simple way so that you can choose in full knowledge of the cause.

2.  You choose the amount of your loan.
Once completed l´inscription you can lend from 20 euros per company. This allows everyone to French companies, he n´y a more d´excuses. I advise you to very many companies to better allocate your risk.

 

3.  You set the interest rate you want to receive.
Each offers the amount and the interest rate at which it wishes to lend, I advise you not to be too greedy and watch the previous average lending rates for you give an idea of what will be retained. All offers are visible by all lenders, anonymously. As soon as the sum sought by the company is reunited, the best offers will be considered.

Here is how this passes an auction, in my opinion simple c´est not?
Here is how this passes an auction, in my opinion simple c´est not?

4.  You pay and receive your interests.
If your loan offer is retained at the end of the subscription period, Unilend transfers your money to the company and your repayments begin. Each month, you will receive your interests, therefore, should reinvest to keep your performance.  You can follow in the dashboard where you.     

Summary
Summary

                                                                                                                       

And as always the Council of base: lend presents a risk of non-repayment: well divide your loans and do lend money you don't need immediately.

 

The grid project

unilend crowdfunding grid projects

A project

unilend crowdfunding project example

Casarin and son

Acquire a mobile group of crushing. Finished end offers Monday, August 22, 2016 at 4 pm

The SARL Casarin and son (SIREN: 399 631 241) was established in 1995 and is registered with the registry of the commercial court of Chambéry. Its current Manager, Mr. Casarin, was born in 1971. Located in Modane (73500), the company is a company of public works the hht, earthmoving, the building and the work in the gallery and in the mountains.

The company employs between 30 to 80 employees according to the seasonality.

Its main customers are public authorities and large public works companies, and an important part of the invoices are issued by phase of completion of the work, resulting in variations of turnover for multi-year projects.
She works using a fleet of 300 machines in property or rental.

unilend crowdfunding example project 2

Casarin and son

 

Acquire a mobile group of crushing. Finished end offers Monday, August 22, 2016 at 4 pm

Casarin and son

Location: Modane

Industry: Construction (construction)

  • 36
    month
  • 7.2%

Who are we?

The SARL Casarin and son (SIREN: 399 631 241) was established in 1995 and is registered with the registry of the commercial court of Chambéry. Its current Manager, Mr. Casarin, was born in 1971. Located in Modane (73500), the company is a company of public works the hht, earthmoving, the building and the work in the gallery and in the mountains.

The company employs between 30 to 80 employees according to the seasonality.

Its main customers are public authorities and large public works companies, and an important part of the invoices are issued by phase of completion of the work, resulting in variations of turnover for multi-year projects.
She works using a fleet of 300 machines in property or rental.

Visit the website of Casarin and son

What is our project?

Casarin and son seeks € 200,000 the community of Unilend in order to acquire a mobile group of crushing.
This will allow the company to add value to the rubble of the work.

Why we'll refund

BCWS Service Group

The BCWS Service Group LLC (SIREN: 538 761 818) is the holding company holding 49.80% of the capital of Casarin and son and owned 100% by Mr. Casarin. The rest of the capital of Casarin and son is held directly by his Manager.
Society is a 'holding company '. Assets is composed of 1 000 000 euros of equity, liabilities with 827 000 euros capital and current accounts of associates EUR 400 000.

Debt is of 310 000 euros, composed of 244 000 euros in debt medium-term and 66,000 debts short term.

The latest accounts approved by June 30, 2015, Casarin and son revealed sales 16% over the previous year, to 7 533 000 euros. The gross operating surplus has declined by 29% on the same exercise, and 6.56 per cent of turnover.

Early June 2016, the company charged 5.7 million euros on its fiscal year 2016 and signed for 16.7 million euros in contracts for some over a period of three years, 14.6 million euros are to be charged.

The company has 1 498 000 euros of equity as well as 500,000 euros of current accounts of associates. Stable resources of society therefore represent 35% of the total of the net balance of the company.

1 700 000 euros debt is split between medium-term debt 487 000 euros and 1 227 000 euros in short-term debt. The share of the debts to be paid in the year is of 306 000 euros.

Finally, cash flow of the company the year accounting, retired of the credit lease, is of 655 000 euros, which allows to amortize the maximum burden of financing Unilend to 79 000 euros and current expenses of the current loans.

 

Lend presents a risk of non-repayment: well divide your loans and do lend money you don't need immediately.
https://www.unilend.fr/comment-repartir-SES-Prets (Editor's note, do not do, see explanation below 24/08/2016)
Individuals can benefit from the tax provisions of the losses in capital up to 1,000 euros lent by project.
https://www.unilend.fr/document-de-pret

unilend crowdfunding example project auction account

unilend crowdfunding example project auction
Here there is normally the auction

Rates updated 24/08/2016 attention major change

There are new for lenders on Unilend.

With almost 3 years of experience and more than 280 projects funded by the community, we learned a lot of lenders and borrowers. This decline today allows us to refine our system of interest rates.

Until now, you could set rates of interest between 4 and 10%, regardless of the score and the repayment period of the projects to which you pay. This range is now refined according to the length of the loan and the confidence score Unilend.

See the details of the new minimum and maximum interest rates.

The auction system still work?

Yes. Only the range of possible interest rate changes. As before, the new minimum and maximum interest rates will be offered automatically when formulating your loan offers.

What are the changes for Autolend?
According to the term of the loan or the confidence, the minimum interest rate you have chosen can be higher than the maximum now possible. All affected lenders will receive a personalized email. To be sure to continue to lend to all the projects that meet your criteria, we recommend that you check your Autolend settings.

-You it a consequence on loans in repayment?
No. Nothing will change for your current loans. The new interest rate ranges apply to the new proposed projects.

We believe that these new rate ranges will allow to maintain the right balance between the interests of lenders and borrowers, that meet your interests.

We thank you for your confidence and wish you a beautiful late summer.

The team of Unilend.
Lend presents a risk of non-repayment: well divide your loans and do lend money you don't need immediately.

When you make an offer to loan to a project, you choose the amount and the interest rate that you want to lend.

For each project, a fork of interest rate is set based on the duration of the loan and the confidence score Unilend. Possible interest rate you are offered automatically when formulating your offers.

Remember: only the lowest rate loan offers will be considered.

For example, you make a loan offer in the amount of 100 euros to a project which the trust rating is 4 stars and the repayment period is 24 months: you can set a range between 5.5 percent and 7.5 percent interest rate.

Note: As soon as the minimum interest of a project rate is reached, its fundraising campaign is closed. To be certain to lend to all the projects that meet your criteria, you can enable Autolend.

My advice:

Bad because:

well for the minimum rate, the maximum rate fell again.

But

Well anyway the 10% are never achieved (except at the beginning of the platform) which does not change much. The minimum rate is sometimes raised.

 

Default rate (also from 24/08/2016, it goes together)

crowdfunding crowdlending unilend scam or serious statistical

See my article unilend serious or scam coming out in September 2016

  • 12 refunded in their entirety
  • 232 without refund to date incident
  • 10 in receivership (8 companies)
  • 2 in receivership
  • 2 in the backup procedure
  • 11 in recovery (2 consecutive terms unpaid) (8 companies)
  • 2 late (less than 30 days)

then (10 in liquidation + 2redressement + 2en backup + 11recouvrement + 2retard) / 271 = 9, 96% of delay + defects, it is high, really high. A loan on 10 to have a problem.

But

Attention too hasty interpretation or statistical bias

I said he must see also important a point of detail, when a loan is considered in default:

  • When the company is liquidated (in which case the default rate is widely under-estimated)?
  • or if there is a delay of more than 30 days?

Is there updated many times companies rates? (kind counted once 60 days late and once delayed 30 days)

The recovery rate is how much and when? and with a late penalty?

 recovery = 0% and default delay = are completely erroneous interpretations

Unilend takes as default 5,86% rate: sum of capital in arrears and the capital remaining due from companies in liquidation / sum of capital remaining due of all the loans on Unilend what is wrong or right, the stats we can do what we want. But so it should be necessary to invest more in large projects (as we speak are and not in number of projects) to have this portfolio here… What is not advised by unilend https://www.unilend.fr/comment-repartir-ses-prets. NB we do not know how there is recovery in the money…

 

 Editor's note I got responses from unilend and I think I did too much statistical bias by taking that delay = no final repayment, which made a loss of almost 1 out of 10 companies (not completely because it is rarely no refund to the first deadline), certainly 1entreprise on 10 to a problem (not outrageous either), but this does not mean that you will be a loser.

Unilend: You take assumption that the defects entail a systematic loss of 100% of the capital ready, including already refunded.

Editor's note actually and I specified and unilend to perfectly right, it's a statistical bias too important, what I concede.

Unilend: However none of our projects has been in default before the regulation of his first term and the capital as well as interest, reimbursed to the lenders they are definitively acquired. Also, depending on the type of problem encountered, the impact on payments is different.

Unilend:UN delay of payment is considered to be a problem, while mainly incidents regularized by borrowers who then resume the normal course of their refunds.

Ed Yes indeed in those circumstances the default rate down compared to my calculation, and probably significantly

Unilend: As you indicate in your article, a recovery project is also part of remaining principal due and, as previously mentioned, the collection does not imply a loss of existing capital.

Editor's note actually, at bondora 20% of the capital is recovered on average. At unilend no idea more bondora made the loan individual and company unilend, carrots and potatoes, incomparable.

Unilend:pour complete this Exchange, the details of the calculation of the internal rate of return (IRR) of the portfolio of lenders is to this page of our site internet https://www.unilend.fr/la-performance-de-vos-prets. In fact, we encourage lenders to allocate their loans on a large number of companies in order to reduce the risk.

Editor's note in the calculation as we speak are we must invest more in big projects for portfolio unilend.

me: (personally I am always at zero but good number of companies to which you have lent: 25) thanks to my strategy.

 

In these conditions unilend actually was right on its rate of default. You win if you are lending at a higher rate than the default rate (in the guide of crowdfunding or 3-choses-qui-font-diminuer-le-rendement-en-crowdfunding). However it is rest not less than 1entreprise of 10 is going to have a problem or a delay during the loan which is normal.

A video demonstration

 

We love

  • The auction
  • In the last updated 24/08/2016, minimum rates are back
  • at the beginning we systematically took 9.5% and +.

We don't like

Conclusion

 

Unilend is interesting if you know perfectly what you do to me, not having the answers on statistics, I am wary. I had the answers.

If you make low bids. galley.

So do as robert kiyosaki diversify but knowing where.

 

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