Carilend launches Peer to Peer lending platform in Barbados

Carilend Ltd. has officially launched its Peer-to-Peer lending platform in Barbados.  Carilend aims to “…match borrowers who need a loan with investors who want to be lenders. By cutting out the middleman, we cut out the costs and pass on these savings in the form of better rates to both borrowers and lenders.”

Borrowers can get BDS$2,500 to BDS$50,000 in BDS$25 increments subject to credit referencing and scoring. Creating an account is easy enough and takes under 5 minutes.

Currently Carilend does not accept loan requests as they are completing setup for their initial Lenders.

Link: https://www.carilend.com/                      

The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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