Understanding the platform's average net returns and the general health of the full public loan book helps you to appreciate rebuildingsociety.com's performance in the context of other P2P lending platforms and other forms of investment. The average figure is also a useful reference when evaluating your individual net return figure visible on your dashboard.
November stats
- Two public loans funded; this brings the total number of public loans made via rebuildingsociety.com since its inception to 294. The total amount loaned to SMEs is £16,962,155.
- One new public loan listed on the Primary Marketplace.
- We had one new default and no new refactors of public loans.
- The total capital still out on all public loans totals £2,341,423 - of this, 12.21% is currently in default.
- £648,736 in capital repayments and £25,928 in interest payments were received on public loans.
- £713 was recovered from default.
This led to a net profit of £18,076 for lenders or an annualised return rate of 9.26%;
November was above average in terms of lender profit and platform net return.
We keep a rolling 12-month return figure to track profits over the last year; this month's performance brings the average to 3.52%.
We also track the net return rate for the lifetime of the company; this figure remains fairly consistent and currently sits at 5.94% net return per year.
Notes and analysis
Our team keeps in contact with borrowers to establish how the current economic situation impacts their business, and where possible offer assistance. This assistance may include short repayment holidays or interest-only repayments. Amendments such as these to existing repayment schedules are only granted where a borrower specifically requests assistance and complies with our requirements.
We do not feel there are any loans at risk of default in December.
Please note that our August, September and October average net return figures have changed slightly from previously published data. Corrected figures are as below:
| MONTH | NET PROFIT | NET MARGIN | 12M AVG |
| August | - £54,488 | - 29.30% | - 0.53% |
| September | £22,781 | 12.26% | 0.70% |
| October | - £2,721 | - 1.45% | 1.91% |
Methodology
Our net return analysis uses dynamic data including capital employed, interest, defaults and recoveries to accurately model platform performance month by month.
Algorithms look at a set of standard rules to classify payments as interest, capital, or recoveries as well as loans as performing, defaulting, or bad debt. This data refers to platform average data; individual user data and investment performance may differ according to varying lending strategies and behaviour.
We treat all the users as one ‘Superuser’ that all transactions from public loans are applied to; we exclude private loans and treat refactored loans as a single loan.
Find more information about how we calculate Net Returns.
Disclaimer
This material contains certain data and analysis that has been prepared by rebuildingsociety.com Ltd. The information provided is correct at the time of publication or the date shown on the graphs, and may be subject to updates and revision, and may change materially without notice. Subject to applicable regulations, no person is under any obligation to update or revise the information; visit our stats page for daily updates obtained from a combination of public and private loan data.
Past performance is not indicative of future performance. Capital at risk. Read about the risks of lending.
