* The average gross interest rate quoted for auctions closing over the last 3 months is 11.2%, which equates to an equivalent net rate (pre-tax) of 9.0%.
The interest rates calculated above have been weighted by amount of capital, across all lengths of loan and Shield Ratings. The equivalent net rates take into account payments already made by borrowers and provision for estimated future bad debts based on Shield Ratings. Calculated on 27th January 2015, for auctions closing on and after 27th October 2014.
Past returns are not necessarily a guide to future returns.
Risk Warning: Investment through the FundingKnight lending platform involves making direct loans to borrowers. You could lose all or part of your capital. Selling loan parts through our Loan Exchange is on a matched basis; there is no guarantee that sale offers will be purchased. Indicated returns, unless otherwise stated, are shown before any provision for bad debts and may be subject to tax. We advise all investors through the platform to spread their investments widely and thus avoid concentration risk.