Here is an overview of Lendahand’s investment portfolio. The interactive figures below reflect investments in financial institutions, directly in businesses, and small business loans. This page is updated every quarter.
Outstanding investments
The figure shows all investments made through Lendahand. All columns are converted from the respective funding currencies (EUR, GBP, USD) to EUR.
Outstanding investments by Counterparty
The figure shows the outstanding investments by counterparty. You can click on the sector buttons to toggle between the different sectors which have been invested in through Lendahand. To return to the total overview, all sectors need to be blank again.
Outstanding investments over Time
The figure shows the outstanding investments over time by investment type, either direct investments to businesses, or indirect investments through financial institutions.
Outstanding investments per Country
The figure shows the outstanding investments over per country. You can zoom in and click on countries to see the respective outstanding amounts.
Outstanding investments by Currency
The figure shows the outstanding investments per counterparty by currency. Click on the + sign to expand the currencies per counterparty. The conversion to euro is as of the day of updating.
Outstanding investments by Repayment Status
A repayment status is given to all of our outstanding loans per project. They are split between "On time", "Restructured - On Time" (no days late on restructured schedule) and "Late" (>90 days past due). You can click on the buttons to toggle between investment types.
Default rates and other statistics
What is the difference between default, write-down and write-off? Under the European crowdfunding regulation, a default occurs when we believe the counterparty is unlikely to pay in full and we have considered — or need to consider — a write-off, or when a loan is more than 90 days overdue. In order to calculate the one-year default rate, the denominator consists of the number of non-defaulted loans observed at the beginning of a 12-month observation window, whereas the numerator includes all loans considered in the denominator that had at least one default event during the 12-month observation window. The default rate we publish is based on this definition. We also use our own internal write-down method, which starts as soon as a payment is 30 days late. The longer a repayment is delayed, the bigger the write-down, and the lower the estimated value of your investment. The write-down follows a fixed schedule: 20% at 30 days, 50% at 90 days, 75% at 180 days, and 100% at 360 days overdue. The loan itself still exists. You can read more here: https://www.lendahand.com/pages/payment-delays A write-down is different from a write-off. A loan is only fully written off (meaning it no longer exists) once the borrower has been declared bankrupt and the bankruptcy process is complete, or the business has been liquidated for another reason, or in other cases approved by the management board. Since this process can take years, we believe it's important to gradually write down a delayed loan in the meantime, so you get a more realistic picture of your investment's value. Please note: the default rate is not the same as the write-off rate. A loan can be recorded as "in default" (for example, after 90+ days overdue), or even be fully written down (100% at 360 days), without the loan actually having been written off yet. Expected default rate: The expected default rate for the coming period is set equal to the most recent default rate over the past 36 months, for the risk categories shown (direct and indirect), as displayed in the table. Please note that past performance, including periods without defaults, does not guarantee future results. Average default rate: The average annual default rate, as shown in the table, is calculated as the simple average of the one-year default rates over consecutive, non-overlapping 12-month periods, calculated over the entire historical period.