Through the Personal Loans Unit Trust, SocietyOne offers wholesale investors access to a diversified portfolio of secured and unsecured personal loans, including secured car loans. The target return is between 5.0% to 8.0% per annum (net of fees and costs but before tax), with interest income credited monthly.
SocietyOne provides personal loans up to $150,000 to creditworthy customers, with loan terms ranging from 3 to 7 years. The platform emphasizes competitive pricing and a strong customer experience to attract high-quality borrowers.
Investment is open to wholesale and sophisticated investors. Applicants must provide a wholesale investor certificate from their accountant and a bank statement for the account where distributions will be paid.
Trustee Fee: Higher of 0.3% or $35,000 per annum.
Investment Manager Fee: 2.25% per annum.
Estimated Expenses: Approximately 0.5% per annum, recovered from the Trust at cost. Detailed fee structures are outlined in the Information Memorandum.
societyone offers to invest in various crowdfunding opportunities from the Green energy, Personal loans, Education sector.
At societyone, you can start investing with A$100,000.
The investment models societyone operates is P2P lending.
