Secured Peer-to-Peer Loans

Borrow against your metals when you need it or lend fiat currency in a safe manner. Silver Bullion matches borrowers, using their metal as collateral, with lenders who have extra funds (fiat) and who want a return with minimal risk.

IMPORTANT: Owners of metal cannot lend their assets, they can only borrow against it (we do not facilitate gold leasing).

Key Features

Set Your Interest Rate

Choose the currency (SGD or USD) and duration (1, 6, 12 or 24 months) to lend or borrow. Then post via our platform how much you are willing to lend or borrow. When a lender and a borrower agree on the terms, a contract is created.

Loans Are Secured By 200%* Worth of Precious Metals and EV Metals

The lender’s funds are secured at a 2:1 ratio by the borrower’s metals, stored within our fully controlled and owned vault: The Safe House. No middlemen are involved.

*1-month loans and all gold can be funded with a lower ratio of 160% (or about a 62.5% loan to value ratio)

Latest Rates
For Loans Starting on 01 Sep 2019

Accepted Contracts
Terms
Volume /
Contracts
Last Rate Change
1M SGD
17,556,000 /
943
2.50% p.a. -0.25%
1M USD
23,414,760 /
605
2.25% p.a. -0.25%
6M SGD
5,807,500 /
397
2.75% p.a. -
6M USD
8,281,125 /
444
2.25% p.a. -0.50%
1Y SGD
5,082,000 /
321
2.75% p.a. -0.25%
1Y USD
14,772,650 /
491
4.75% p.a. -
2Y SGD
1,921,000 /
127
4.25% p.a. 3.00%
2Y USD
9,829,000 /
394
4.75% p.a. -0.25%
Summary of Active and Completed Contracts
Amount Lent Contracts Matched Late Payments

Cases where a lender payment was delayed.

Note: Should a borrower be late in repaying his/her debt, the Sweeper Fund will forward cash to ensure the lender is paid on time. The Sweeper Fund essentially acts as an additional buffer to help ensure timely payments.

Find out more about the Sweeper Fund.

Defaults

Cases where a lender did not receive payment back.

Note: Should a borrower be late in repaying his/her debt, the Sweeper Fund will forward cash to ensure the lender is paid on time. Essentially the Sweeper Fund will take on the bad debt to prevent delays or defaults. This provides times for the borrower to remedy the missed payment and, if need be, for the borrower collateral to be liquidated.

Find out more about the Sweeper Fund.

108,766,447.24 SGD
(78,103,150.40 USD)
3,722 0 0

Latest 10 Contracts

Created On Payout On For Amount Duration At Rate
24 Aug 2019 01 Sep 2019 25,000 SGD 1 Month 2.50% p.a.
24 Aug 2019 01 Sep 2019 40,000 USD 1 Month 2.25% p.a.
24 Aug 2019 01 Sep 2019 15,500 SGD 1 Month 2.75% p.a.
23 Aug 2019 01 Sep 2019 12,000 USD 24 Months 4.75% p.a.
23 Aug 2019 01 Sep 2019 4,000 USD 12 Months 4.75% p.a.
23 Aug 2019 01 Sep 2019 5,500 SGD 12 Months 2.75% p.a.
23 Aug 2019 01 Sep 2019 12,500 USD 24 Months 5.00% p.a.
23 Aug 2019 01 Sep 2019 22,500 USD 12 Months 4.75% p.a.
23 Aug 2019 01 Sep 2019 16,500 USD 12 Months 4.75% p.a.
23 Aug 2019 01 Sep 2019 29,000 USD 12 Months 4.75% p.a.
View all past contracts in PDF or Excel format.

How Do I Get Started


  1. Open a S.T.A.R. Storage account (open account). The account is free to open and does not require the purchase of bullion. Once approved you will have the ability lend or borrow.
  2. Log into your account and view the current lending offers and borrowing requests from where:

    To borrow either submit your own borrowing request or accept a lender's existing offer. You must have either purchased bulllion through us or transferred your bullion to our vault to borrow.

    To lend either submit your own lending offer or accept a borrower's existing request. You must have USD or SGD funds in your P2P Loan Account (see wire instructions) to be a lender.

  3. When lenders and borrowers match, a loan contract is created whose payout will occur on the earliest 1st, 8th, 15th and 22nd of the month. The next payout / loan start is 01 Sep 2019. Contracts can be in SGD or USD and have duration s of 1, 6, 12 or 24 months.
  4. On the loan start date, the custodian (Silver Bullion) forwards lender’s funds to the borrower and holds collateral. On loan maturity, funds are returned to custodian who then releases borrower collateral and returns funds to lender.
More information on the details page.

Find out more:

More details on Secured Peer-to-Peer Loans

For Borrowers

For Lenders

FAQ

P2P Funding Options and Start Dates

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