Please see our screening process and risk grading for more details. However, you should always assume that a small proportion of loans will run into difficulties.
Our current estimated annual default rates per shield rating for Business loans are:
- Five shields: up to 0.50%
- Four shields: up to 1.25%
- Three shields: up to 2.00%
- Two shields up to 3.25%
Our current estimated annual default rates per castle rating for Property Bridging loans are:
- Five castle up to 0.25%
- Four castle up to 0.50%
- Three castle up to 0.75%
Our current estimated annual default rates per windmill rating for Green Energy loans are: 1.00%
Find out more, including information on actual defaults, on our loan statistics page.