ASMX provides the functionality to allow your customers to buy and sell loans between themselves as well as providing visibility for others to trade your loans.
Why is it important to have liquidity?
Risk management is at the core of what you do as a lending platform. Having a loan exchange integrated into your platform will allow your customers to manage ther loan portfolio in the same way.
Your loan exchange will also allow lenders to diversify across a number of your loans, freeing up those selling to withdraw funds or invest in new ones and diversify further.
Talk to us about underwriter programs and how this can boost your primary market. A loan exchange gives you multiple options to create a group of underwriters to boost your primary market.
We don’t charge for integration at the moment but we may charge if there is a lot of work to undertake with your platform.
The charge is £1,000 or 0.05% of your volume (charged at 0.25% to the seller and the buyer) on a monthly basis. Your platform can choose to absorb these cost or pass them onto your customers making the platform a zero cost base for your business.
We aim to have you up and running in four weeks. this is depenent on your business model and the complexity of your platform.
Imperical evidence from ruinning a secondary market suggests that for every £1 million you have as a loan book listed on the platform you could expect £2,000 per day of trading activity in a normal environment.
Your admin console allows you to control which loans are listed on ASMX amongst other features such as pausing trading, restricting prices etc.