Product Description

Lendbiz is a Hanoi-based P2B Lending platform in Vietnam that connects micro, small, and medium enterprises (MSMEs) and household businesses in need of capital with a network of investors to fund the capital/loan. Loan sizes range from VND 100 million to VND 1 billion (USD $4,300 to USD $43,100) and average about VND 232.8 million (USD$10,000) for three to 12 month terms, depending on the loan product. Loans are unsecured, short-term, and high margin products.