Feature in Development
Afranga’s secondary market functionality is currently under development and not yet available. Once released, it will allow investors to sell their active loan investments to others.
Definition of Sale Price:
The sale price is the amount at which you choose to list your investment on the secondary market. It represents the price another investor would pay to purchase your position in the loan.
You Can Set the Sale Price:
- At par – equal to the current principal balance of the investment
- At a discount – below the principal amount, often to encourage a faster sale
- At a premium – above the principal, if the loan is performing well or in high demand
Considerations:
When setting a sale price, take into account:
- The remaining term of the loan
- Interest already accrued
- Borrower’s performance
- Current market demand from other investors
More guidance will be provided in the secondary market interface once the feature is launched. For questions or assistance, contact us at support@afranga.com.