Kuflink sees investments funded in record time

Kuflink sees investments funded in record time

Kuflink has reported that its investor community are funding deals in record time, with 60% of opportunities snapped up in less than a day.

The P2P lending platform said that many investment opportunities were fully funded much faster than this, with a recent loan completing in just 56 minutes.

Kuflink’s average LTV is now just 46% across this quarter’s deals.

“The launch of Kuflink Bridging's five-day loan product has attracted an impressive amount of new business for us, which means that we’re able to offer more investment opportunities than ever before,” said Narinder Khattoare, CEO at Kuflink (pictured above).

“This – coupled with our tiny average LTV and 5% co-investment – has maximised demand from our investors and we’re excited to use our in-house talent to rise to the challenge.”

In October, Kuflink completed a £171,500 bridging loan in four days.

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