We use two methods to assess each loan; an external industry-standard credit agency rating for the company and our own ‘Shield Rating’ for Business Loans or ‘Castle Rating’ for Property Bridging Loans.
We currently offer loans on our platform with ratings of 2, 3, 4 and 5 shields and 3, 4 and 5 castles – with 5 being those we regard as least risky. The external agency rating is predominantly based on publicly available information. The FundingKnight Shield and Castle Rating is based on a holistic assessment of the business which includes both the current and projected management figures and additionally, our assessment of the management team following interviews with the company. The Shield and Castle Ratings therefore give you an indication of our assessment of the perceived risk.