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Will the early access transfer facility always be available?
No. Early access transfers are available at Plenti’s discretion and may cease to be available to investors at any time. An early access transfer request may not be fulfilled if:
- There are insufficient funds available from other investors to replace your interests;
- After fulfilling the request, the value of the remaining lending orders is less than the early access market value limit for that investment market;
- Replacement funders will be matched to replace your investment at a rate above the early access rate limit; or
- Your outstanding principal in a loan contract is less than $10.00.
You can find the current early access market value limit and early access rate limit here.
If your early access request is accepted, it may take up to four hours to fulfil. Your early access transfer request may be cancelled if the capital adjustment required to fulfil your request is higher than quoted.