Paul Sonabend

Executive Chairman at Relendex - London, ENG, UK

Paul Sonabend's Contact Details
HQ
Location
London, England, United Kingdom
Company
Relendex
Paul Sonabend's Company Details
Relendex logo, Relendex contact details

Relendex

London, ENG, UK • 20 - 49 Employees
Financial Services

Relendex is an alternative lending platform. Our efficient online exchange connects lenders with professionally vetted, creditworthy borrowers and provides excellent interest rates to both. All funds lent on the Relendex exchange are secured on UK commercial property.Since the 2008 financial crisis, SME housebuilders, previously so critical to creating the nation's housing stock, have been left starved of cash by banks who have largely pulled out of this market. Meanwhile, the vast majority of UK savers are losing money in savings accounts that pay well below the rate of inflation. In 2013, we established Relendex because we believed we could harness one problem to solve the other.By opening the advantages of secured property lending to all, Relendex facilitates the financing of property developments and refurbishments throughout the UK, and is contributing to the alleviation of the housing shortage.

Peer-to-Peer Commercial Real Estate Financing Returns to Lenders from 5% to 12% per annum creating mini-syndicates to finance commercial property investments We connect Borrowers with Lenders for parts of a secured income-producing real-estate loan Secured lending Investments Alternative finance Peer-to-peer lending P2P lending Lending Property ISA IFSA Borrowing Innovative Finance Alternative Finance Marketplace UK Property Commercial Property Loan Development Loan Investment Loan Bridging Loan Investing
Details about Relendex
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Paul Sonabend currently works for Relendex.
Paul Sonabend's role at Relendex is Executive Chairman.
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Paul Sonabend works in the Financial Services industry.
Paul Sonabend's colleagues at Relendex are Max Lehrain, Michael Lynn, Martin Murphy, Rozas Ming, Peter Laboš, Fahad Khamkar and others.
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