SaveLend Group, an online lender, is reporting that its current savings products are generating average accumulated net return before tax of 6.93% for Balanced and 7.51% for Yield.
SaveLend launched these products in May 2023, seeking to improve the customer experience by offering more savings options with different degrees of risk and liquidity. SaveLend also offers customer-managed options for investing in different debt vehicles.
In November, the Balanced strategy yielded 0.51% and the Yield strategy 0.62%.
The monthly return strategy is calculated on accounts with a minimum of 2,000 SEK (about USD $180).
Online lending options include consumer and commercial loans, as well as real estate options. Litigation financing, Import financing, factoring, and debt collection are also available.
SaveLend is based in Sweden.
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