{"id":3164,"date":"2021-09-30T08:00:26","date_gmt":"2021-09-30T07:00:26","guid":{"rendered":"https:\/\/getincome.com\/blog\/?p=3164"},"modified":"2023-08-15T12:50:52","modified_gmt":"2023-08-15T11:50:52","slug":"meet-the-fourth-loan-originator-on-income-marketplace-2","status":"publish","type":"post","link":"https:\/\/getincome.com\/blog\/meet-the-fourth-loan-originator-on-income-marketplace-2\/","title":{"rendered":"Meet the fourth Loan Originator on Income marketplace"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3164\" class=\"elementor elementor-3164\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-41644f6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"41644f6b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-61643fd8\" data-id=\"61643fd8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4a65360c elementor-widget elementor-widget-text-editor\" data-id=\"4a65360c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: -0.015em;\">Income&nbsp;marketplace welcomes the fourth loan originator Finto Capital.<\/b><\/p>\n<p><b>Finto<\/b> Capital is a fast-growing Latvian fintech lending company with a focus on sustainable and responsible lending. Finto&#8217;s lending platform focuses on giving private individuals the opportunity to lease used cars.<\/p>\n<p>Finto was founded in 2018, and they have originated over \u20ac 1,7M worth of loans. Finto also has the required special license for lending services to consumers in Latvia. By complying with the local regulations, they ensure business sustainability, responsible lending practices, and fair treatment of their clients.<\/p>\n<p>More than 78% of the vehicle fleet in the Baltics consists of cars older than 10 years, and banks usually only provide financing for vehicles that are not older than 10-12years. Finto&#8217;s mission is to cater to second-hand car buyers and allow them to be a part of sustainable and responsible lending, safeguarded by conservative risk underwriting. Finto&#8217;s loan decisions are based on in-house developed underwriting procedures that are constantly being analyzed and back-tested.<\/p>\n<p>To start the cooperation, Finto is offering loans with yields payable of 10-12% p.a. to investors on the Income marketplace. All the listed loans are covered with a buyback guarantee which covers principal and interest and also by the cashflow buffer. Junior Share for Finto&#8217;s loans is currently set at 23%. The loans issued by Finto to its customers are secured by the financed car. Expected maturity for listed loans is up to 56 months, making Finto loans a very attractive, high yielding long term investment.<\/p>\n<p><b>Register on Income marketplace to invest in car loans provided by Finto Capital.<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-637e11d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"637e11d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a8c09a3\" data-id=\"a8c09a3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bfee74a elementor-align-center elementor-widget elementor-widget-button\" data-id=\"bfee74a\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/getincome.com\/register\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Create Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Income&nbsp;marketplace welcomes the fourth loan originator Finto Capital. Finto Capital is a fast-growing Latvian fintech lending company with a focus on sustainable and responsible lending. Finto&#8217;s lending platform focuses on giving private individuals the opportunity to lease used cars. Finto was founded in 2018, and they have originated over \u20ac 1,7M worth of loans. Finto [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[37],"_links":{"self":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/3164"}],"collection":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/comments?post=3164"}],"version-history":[{"count":13,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/3164\/revisions"}],"predecessor-version":[{"id":3228,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/3164\/revisions\/3228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/media\/3162"}],"wp:attachment":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/media?parent=3164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/categories?post=3164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/tags?post=3164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}