Our online registration process makes it easy for wholesale investors to get started with marketplace lending. This is where you create your account and verify all of your details.
Fund loans either by mandate (pooled), based on a number of criteria such as industry or location or, pick and choose (pro) which loans you invest in through our Bigstone Loan Marketplace dashboard.
As borrowers make their repayments, payments are made automatically to your Bigstone account. The frequency is based on the borrower’s repayment terms. Our current return is net 9% p.a. before any losses.
For years, banks have kept the commercial loan market to themselves. Commercial business loans are one of the banks most profitable lending divisions, often backed by securities giving greater protection on invested capital.
Bigstone is making this asset class available to you so you can make returns while supporting Australian SMEs.
All returns are before losses and we recommend diversifying across a variety of loans.
To invest through Bigstone, you must be a 'wholesale client' under the Corporations Act 2001.
This test requires the investor to have:
This exemption largely covers large institutional and specialised investment organisations. We will require you to complete a declaration that you are a professional investor, and we will carry out further due diligence to confirm that fact.
You will also be a wholesale client if you invest at least $500,000. Please contact us if you wish to qualify under this class.
This category applies if your investment is to be used in connection with a business that employs at least 20 employees - or at least 100 employees if the business is or includes the manufacture of goods.
While no investment is without its risks, the safety and security of our investors’ capital is a top priority.
All investors in Bigstone loans have access to a provision fund equal to 2% of the deployed capital in every loan. This isolated fund acts as a first loss fund for all investors.
Bigstone co-invests 1-5% of the loan amount, so that our principal is at risk in each loan with our investors. We think about it as putting our "skin in the game".
Our credit and approval processes have been designed to limit defaults and losses and protect investors’ capital; we target losses less than 2%.
Let the mandate fund portions of all loans or determine your personal preferences when it comes to loan selection.
The Bigstone marketplace is open to investors who are 'wholesale clients' under the Corporations Act. We are required to verify that each investor is a 'wholesale client'.
The minimum investment in the Bigstone Loan Fund is $1,000.
Once invested, you can allocate your funds to a Loan Request in increments of $10.
Borrowers may miss a payment for a variety of reasons. For every account in arrears, Bigstone Capital will take a prescribed set of actions to encourage the Borrower to return the account to good standing.
Please download the Information Memorandum for further details.