Award-winning fintech company LeaseLink has just launched on Mintos! Now you have even more chances to invest in loans from Poland. Enjoy this great opportunity to invest in its business loans and earn net annual returns of up to 10% in both EUR and PLN.
LeaseLink was founded in 2015 in Poland and has a team of 40 employees. The company is a modern leasing company which stands out on the market due to its quick loan issuance process, which takes only 12 minutes in total, and high-quality customer service. LeaseLink offers business loans denominated in Polish zloty (PLN) to micro and small enterprises from PLN 425 to 42 600 (the equivalent of around EUR 100 – 10 000). It has won a number of awards, including the Golden Banker 2018 which is the most prestigious award from the banking sector in Poland. In addition it also won the Best Fintech 2018 award by Wprost, the Fintech Future 2018 award by Cashless and the award of Fintech of the Year 2018 by Loan Magazine.
A unique feature of LeaseLink is that it gives micro and SMEs another method of payment for products. For certain merchants and partners of LeaseLink, instead of using normal payment methods such as Visa or Mastercard, companies can choose to pay for products and services by using funds from LeaseLink.
“Through our online channels, we offer Polish entrepreneurs a customised service for financing the purchase of fixed assets needed to develop their businesses. We are particularly proud of our business model and how it continues to gain market traction. In addition to customers who use our services, we are proud that we have merchants and partners which offer our services to their clients in parallel with their sales processes,” said Wojciech Kazimierski, CEO of LeaseLink.
On Mintos, the average Poland-issued business loan from LeaseLink is around PLN 7 000 with an average repayment period of 28 months. The company will also place loans listed in EUR on the marketplace. The average loan will be around EUR 1 600. You can expect net annual returns of up to 10% for its business loans listed in both EUR and PLN.
All loans from LeaseLink will come with a buyback guarantee and will be repurchased if a loan is delinquent for 60 days or more. Furthermore, it will retain 10% of each loan placed on Mintos on its balance sheet to keep its skin in the game.
Since its inception, PLN 75 million worth of cumulative loans have been originated by the company. Its current net portfolio is PLN 55 million. Every month nearly 3 000 entrepreneurs are applying to use LeaseLink’s services. In addition, the number of customers which have paid for their purchases with the help of LeaseLink has reached several thousand in the last year.
LeaseLink currently has a network of over 2500 partners. It is also developing its distribution network by integrating 50 new e-stores every month. Among the partners currently cooperating with LeaseLink are the largest e-commerce platforms operating in Poland such as Allegro, Media Markt, Saturn, RTV EURO AGD, FOTO JOKER (cewe), SONY CENTRE and also fixed-line sellers (INTER CARS, IKEA) and renowned banks (ING Bank Śląski, Raiffeisen Polbank, BOŚ Bank).
Take advantage of this great opportunity to invest in LeaseLink business loans listed in both EUR and PLN. If you use Auto Invest make sure to update your settings so you don’t miss out!