DRAGONLEND OFFERS 10% ANNUALISED INTEREST TO PRIVATE INVESTORS
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OPPORTUNITY TO INVEST IN VIETNAM’S LEADING SME LENDING PLATFORM AND RECEIVE HIGH RETURNS
1. WHAT IS DRAGONLEND?
- DragonLend is a lending platform for small and medium-sized businesses (SMEs) in Vietnam. Our mission is to support businesses to get faster and fairer access to finance, so they can grow and thrive.
- Established in January 2019, we have so far disbursed > 2million USD to SMEs, with a < 1% default rate.
- We are a fram^ venture, a NASDAQ-listed Swedish technology company based in Vietnam.
2. WHAT IS THE INVESTMENT PRODUCT?
Invest in our loanbook and receive highly attractive returns:
- 10% annualised returns for both USD and VND investments
- Minimum loan size of 100 million VND (~5k USD) for 3-6 month tenor
- Funds will be used to finance our loanbook. Investor takes only the currency risk (not SME default risk)
3. WHY DRAGONLEND?
SMEs are the backbone of the Vietnamese economy, making up over 97% of businesses here. They are also severely financially constrained. Our mission is to support businesses to get faster funds to grow their businesses, on fairer terms.
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INVESTORS
Investors indicate their investment size and tenor and set up a savings deposit with DragonLend.
BANK PARTNER + DRAGONLEND
DragonLend sources credit-worthy businesses and works with banks to disburse to them.
BUSINESSES
Businesses make fixed repayments with interest, which we distribute to the investors who lent to them.
FAQ
10% interest rate annualized, with the option of either a 3-month or 6-month loan tenor. The minimum investment amount is 300 million VND (~13k USD). Pay-back of principal and interest will take place at loan maturity. The investor will be responsible for covering the bank's first transfer fee (around 800,000 VND, or 33 USD).
After signing a loan agreement, we will arrange with you a transfer to our VND/USD account (VietcomBank) in Vietnam. The principal and interest will be transferred back to you upon maturity.
DragonLend takes the SME default risk. The investor takes the foreign exchange risk (loans to SMEs are given in VND).
DragonLend cooperates with our bank partners on the disbursement of the loan, to ensure the set-up is fully legally-compliant. Collections are conducted by our bank partner.
For risk assessment, we have a three-pillar method – credit policy, statistical scorecard and expert analysis. We run extensive checks across customers’ financial and business documents, and credit history, and conduct site visits of customers’ premises to verify their applications. Collection is conducted in partnership with the bank.
We support brick-and-mortar businesses in Vietnam (e.g. manufacturing, construction) to get fast finance to pay their suppliers. Typically businesses are profitable with healthy cashflows, have no bad debt history and have been established for 2+ years.