Investments in the Plenti Lending Platform may be protected by the Provision Fund against the effects of a borrower late payment or default.
The ‘Provision Fund’ section of the data table displays important data relating to this fund, including the current estimated Provision Fund buffer based on loans currently outstanding.
You can read more about the Provision Fund and what it means for your investment here.
Tip:
Our ambition is to ensure that the Provision Fund is sufficiently capitalised to be able to protect lenders on an ongoing basis such that they do not suffer financial loss. However, the Provision Fund is not a guarantee or an insurance product. See the Product Disclosure Statement and Target Market Determination for further information on the Provision Fund
