Lendo Scoring
Learn How Lendo
Risk Rating Works
Lendo's scoring engine is one of the most secure and credible,
it takes into account more than 100 data points when assessing borrowers.
Risk Assessment at Lendo
Lendo's credit risk team assess the borrowers with advanced technology that collects more than 100 data points about the SMEs.
Integrated with the two main Saudi credit bureaus, SIMAH and Bayan, Lendo team can analyze the financial history of the borrowers and check their credit worthiness.
This process is done in an effective way to minimize the wasted time and achieve the best results.
How does it work?
As an investor, you might ask how does Lendo assess
the borrowers and make sure my money is safe?
Only approved opportunities are posted on the platform
Until internally approved, the opportunity get posted on Lendo's platform.
To get approved, SMEs application go through a detailed process which takes into consideration many aspects (including but not limited to):
Financial Position of the SME
Credit Bureaus history
Loans Issued by other Institutions
More Than 100 Data Points Collected on Each SME
Lendo's scoring engine collects and analyze more than 100 data points, which is further analyzed by the credit risk team to ensure the quality and accuracy of the risk rating
Risk Rating
We serve a wide segment of SMEs, and assign a risk rating (A,B,C, or D) that reflects a combination of the SME’s following strengths:
Company Credit History
We collect and analyze all historical records issued by the Saudi credit bureaus SIMAH and BayanFinancial Position
Financial Records from MCI and Bank StatementsShareholders Background
Personal credit history and other background checks, such as previous experience or legal position.Market
We analyze the market of the SME, if it is a highly volatile or stable marketInvestment
Opportunity
Risk Rating
Supported by a Corporate / Parental Guarantee.
Company Credit History: Excellent
Financial Position: Excellent – Very good
Owners Maturity: Excellent
Invoice Strength: Excellent – Very good
Supported by a Corporate / Parental Guarantee.
Company Credit History: Very good – Good
Financial Position: Good – Fair
Owners Maturity: Good
Invoice Strength: Very good – Good
Supported by a Corporate / Parental Guarantee.
Company Credit History: Very good – Good
Financial Position: Good – Fair
Owners Maturity: Good
Invoice Strength: Very good – Good
Supported by a Corporate / Parental Guarantee.
Company Credit History: Very good – Good
Financial Position: Good – Fair
Owners Maturity: Good
Invoice Strength: Very good – Good
FAQs
Have more questions? Get prompt responses from a friendly, professional and knowledgable support team. Visit our FAQs page
What is Lendo?
Lendo is a Saudi Crowdlending Fintech, which aims to develop the financing market by offering fast, efficient, and convenient solutions
Is Lendo a Saudi Company and Registered in Saudi?
Yes! Lendo is a Saudi registered company authorized and supervised by the Saudi Central Bank (SAMA)
What is crowdlending?
It's a Peer-to-Peer (P2P) form of financing that reduces the number of intermediaries or middleman between borrowers and lenders. For instance, at Lendo we take cash from a pool of individuals (investors) and loan it to Small and Medium Enterprises (borrowers) with specified risk rating, loan duration, and Interest rate.
Who can invest in Lendo Opportunities?
Any Saudi national or resident above 18.
Got more questions?
Please Contact us and we will answer your questions