|1 Dec 2023
|EUR 1 month|
|SGD 1 month||4.00% p.a.|
|USD 1 month||6.00% p.a.|
|EUR 6 months|
|SGD 6 months||4.75% p.a.|
|USD 6 months|
|EUR 1 year|
|SGD 1 year||5.25% p.a.|
|USD 1 year||5.25% p.a.|
|EUR 2 years||2.00% p.a.|
|SGD 2 years||2.50% p.a.|
|USD 2 years||4.75% p.a.|
|1 Dec contract bidding closes in 2 days 1 hour.|
With our P2P loan platform, you can lend available funds to a fellow storage customer who pledges their metal parcels in S.T.A.R. Storage as collateral (valued at spot price) to secure the loan.
As a storage customer with funds in your P2P account, you can:
Lend funds and have them secured by 200%
- Set your own interest rate, currency and loan duration
- Rely on timely payments, through the sweeper fund system
- Enjoy simple online procedures and transparent processes
- Pay only a low fee of the lent principal
Should the loan principal not be repaid on time, or should the value of the collateral securing your loan fall to 110% of principal, Silver Bullion will liquidate (sell) the collateral to ensure you receive principal and interest. Should a scheduled loan payment be late, the Sweeper Fund will act as a buffer, given funds availability, to ensure timely payments.
Loans always start on the 1st, 8th, 15th and 22nd of the month, allowing you to roll over funds from one loan to another without downtime and allowing you to choose your interest rates, currency and duration. We only charge a 0.5% administrative fee for 6, 12 and 24-month loan tenures. A 1.0% fee is charged for 1-month loans..
See the Loan Schedule for more details.
Popular Lender Uses
Eliminate Storage Payments (if applicable)
If you also own bullion you can use earned interest to pay your bullion storage charges.
Maximize Lending Returns
Obtain great risk/reward returns and re-lend earned interest (roll-over) to maximize your lending returns.
Protect Your Funds
Diversify away from thinly capitalized financial systems and protect your lent funds with 200%worth of collateral, which in turn is fully insured against fire, theft, infidelity and even mysterious disappearance.
How to Lend
Once your loan request is filled and a legally binding contract between the lender and borrower is created, Silver Bullion will act as an escrow to enforce the contract by collecting and disbursing funds between the parties and locking collateral.