Squirrel Review - Peer to Peer Lending
Updated 28 September 2025
Summary
There are three ways to save or invest with Squirrel.
1. Squirrel On-Call Account
The Squirrel On-Call Account is a high-interest savings account.
Funds are available on-call—it takes roughly two hours for transferred funds to arrive in your Squirrel On-Call Account from your verified bank account, and about two hours back the other way. This operates 7 days per week.
Funds in the Squirrel On-Call Account are held on trust with S&P AA- rated main banks, earning interest which Squirrel passes onto investors. This also means they are covered by the Deposit Compensation Scheme.
The current Call-Account interest rate can be found on the Squirrel website.
2. Squirrel Term Investments
Squirrel offers three different Term Investment types—home, construction and personal loans for New Zealand homeowners—which are secured or unsecured, depending on the loan type, size and term. You can invest in Squirrel’s Term Investments directly via the Squirrel platform.
Where loans are secured, this is typically against New Zealand residential property.
Key features:
Squirrel's loans are funded by everyday Kiwi, and fund managers.
3. Squirrel Monthly Income Fund (SMIF)
The Squirrel Monthly Income Fund offers a more “hands off” alternative for investors. Funds are still invested into Squirrel Term Investments—and come with the same Reserve Fund protection—but the distribution of funds is managed on your behalf by Fundrock and Squirrel.
Lenders can invest in the Squirrel Monthly Income Fund (SMIF) directly via the Squirrel platform.
Key features:
Summary
- Squirrel is a nationwide mortgage company which offers home loans, residential construction loans and personal loans for homeowners, funded via its saving and investing platform.
- Squirrel Home Loans—loans of up to $2,000,000, secured by a first mortgage. Loans can be used to fund the purchase of owner-occupied or investment properties, with a maximum loan term of 7 years.
- Construction Loans—loans of up to $2,000,000, secured by a first mortgage over New Zealand residential property. Loans can be used to fund residential housing construction (small-scale) or the purchase of development land, with a maximum loan term of 2 years.
- Personal Loans—available to home owners (or soon to be homeowners), with terms ranging from 1 to 7 years. Loan types include:
- Squirrel Homeowners loan—borrow up to $20,000 unsecured, or $70,000 secured, to fund home renovations, repairs or upgrades.
- Squirrel Launchpad loan—borrow up to $120,000 to top up a house deposit to meet 20% of property loan-to-value ratio (LVR). Available to high earners, loans secured against the property.
- Up-to-date information relating to borrower interest rates and establishment fees can be found on Squirrel’s website and borrowers can make early repayments without penalty.
There are three ways to save or invest with Squirrel.
1. Squirrel On-Call Account
The Squirrel On-Call Account is a high-interest savings account.
Funds are available on-call—it takes roughly two hours for transferred funds to arrive in your Squirrel On-Call Account from your verified bank account, and about two hours back the other way. This operates 7 days per week.
Funds in the Squirrel On-Call Account are held on trust with S&P AA- rated main banks, earning interest which Squirrel passes onto investors. This also means they are covered by the Deposit Compensation Scheme.
The current Call-Account interest rate can be found on the Squirrel website.
2. Squirrel Term Investments
Squirrel offers three different Term Investment types—home, construction and personal loans for New Zealand homeowners—which are secured or unsecured, depending on the loan type, size and term. You can invest in Squirrel’s Term Investments directly via the Squirrel platform.
Where loans are secured, this is typically against New Zealand residential property.
Key features:
- Minimum investment: $100
Reserve Funds: Squirrel manages "Reserve Funds" associated with each term investment type. The Reserve Funds are designed to help protect investor funds in the event a borrower misses a payment or defaults on their loan—stepping in to cover the repayment on the borrowers’ behalf. Squirrel provides Reserve Fund performance information, arrears and defaults information on its website.
Secondary Market: In order to access liquidity, investors are able to list their investments for sale at any time (free of charge) on Squirrel’s secondary market, provided another investor is willing to take over the investment. Squirrel doesn’t guarantee that you will be able to sell – Squirrel lists current ‘time-to-sell’ stats on its website.
- Auto-withdraw / auto-invest: Interest and principal repayments can be withdrawn or automatically reinvested in investors’ preferred term investment type.
- Fees / margins: Squirrel charges a service margin on each loan, which varies based on the risk grade of the borrower and the loan type. The margin is charged to investors / lenders as a deduction from borrower repayments. (Note: The advertised interest rate for each Squirrel term investment is the rate of return that investors will receive, net of service margin and reserve fund deductions. Resident Withholding Tax is the only deduction made on investor returns.)
Squirrel's loans are funded by everyday Kiwi, and fund managers.
3. Squirrel Monthly Income Fund (SMIF)
The Squirrel Monthly Income Fund offers a more “hands off” alternative for investors. Funds are still invested into Squirrel Term Investments—and come with the same Reserve Fund protection—but the distribution of funds is managed on your behalf by Fundrock and Squirrel.
Lenders can invest in the Squirrel Monthly Income Fund (SMIF) directly via the Squirrel platform.
Key features:
- Minimum investment: There is a minimum initial investment of $50.
- Returns: Returns are paid monthly and can be reinvested or withdrawn.
- Getting your money out: There is a notice period of 30 days to withdraw funds, although Squirrel will endeavour to get your money back to you sooner.
- Fund management fee: There is a fund management fee charged to investors, of 2.00% p.a. including GST.
- Reserve Fund protection: You still have access to Squirrel’s "Reserve Funds" associated with each term investment type. The Reserve Funds help to protect investor funds by topping up an investor's capital if a loan cannot be repaid. This is done at no charge to the investor.
- Tax: PIE tax is applied to investor returns, which can be an after tax benefit for some investors depending on their Resident Withholding Tax rate. You can read more about PIE Term deposits here.
- InvestNow: The Squirrel Monthly Income Fund is also available to invest in via InvestNow.
In this guide, we look at Squirrel for Borrowers and Squirrel for Lenders separately to best understand the pros and cons of the offers. Our guide covers:
- Squirrel Background
- Squirrel Review: Borrowers ($3,000 to $70,000)
- Squirrel Review: Lenders
- Squirrel Investor Returns
- Squirrel Default Rates and the Loan Shield Scheme
- Squirrel Borrowing Volumes
- What if a borrower doesn’t repay a Squirrel loan?
- Benefits of Squirrel
- Squirrel Fees – How fees are charged to borrowers and lenders
- 5 Squirrel Investor Must-Know Facts
Squirrel Background
Launched in 2015, Squirrel’s peer-to-peer lending (P2P) platform is the largest in New Zealand. This complements Squirrel's mortgage advice business, one of the largest in NZ, which launched in 2008.
The platform allows retail investors (i.e. individuals) to lend money to Kiwi seeking home loans, construction loans and personal loans for homeowners. Loans may be secured or unsecured, depending on the loan term, type and value.
In November 2021, Squirrel also launched the Squirrel Monthly Income Fund (SMIF), which offers funders a “hands-off” way to invest in its term investment products (more details are published on the Squirrel website).
Today, Squirrel has lent to thousands of borrowers all over Aotearoa via its platform.
There are four points of difference between Squirrel and other peer-to-peer lenders:
Squirrel charges fees to borrowers and it acts merely as the middleman by way of providing a platform. This is standard practice for P2P platforms.
The platform allows retail investors (i.e. individuals) to lend money to Kiwi seeking home loans, construction loans and personal loans for homeowners. Loans may be secured or unsecured, depending on the loan term, type and value.
In November 2021, Squirrel also launched the Squirrel Monthly Income Fund (SMIF), which offers funders a “hands-off” way to invest in its term investment products (more details are published on the Squirrel website).
Today, Squirrel has lent to thousands of borrowers all over Aotearoa via its platform.
There are four points of difference between Squirrel and other peer-to-peer lenders:
- Squirrel only lends to New Zealand homeowners, or those in the process of becoming homeowners, reflecting their deep understanding of this market as one of NZ’s largest mortgage brokers. And with most of Squirrel’s secured loans backed by New Zealand residential mortgages, this provides added protection for investors.
- Squirrel offers additional investment protection (its "Reserve Funds") to help protect investors’ funds. Squirrel's platform builds up Reserve Funds associated with each investment classes, via borrower interest payments. Squirrel is unique in offering this protection for investors should unpaid loans turn into bad debts. Squirrel can offer more accuracy in expected investor returns given the reduced chance of bad debts lowering an investor's capital.
- Squirrel offers a secondary market for loans. Squirrel’s secondary market is a free service which allows investors on the Squirrel platform to list their investments for sale, should they need to access funds prior to the end of the investment term (as long as another investor is willing to take over the loan).
- The only deduction from published Investor Returns on Term Investments is Resident Withholding Tax.
Squirrel charges fees to borrowers and it acts merely as the middleman by way of providing a platform. This is standard practice for P2P platforms.
Squirrel Review: Borrowers
Squirrel has a standard application process, and only individuals who meet the following criteria can borrow from the platform:
Assessments are made fairly quickly, and if your loan is approved you have 30 days to accept it. You will be assigned a credit grade which ultimately decides the interest rate on the loan. The better your credit grade, the lower the interest rate. Squirrel offers interest rate ranges for unsecured and secured loans:
Up-to-date information relating to borrower interest rates and establishment fees can be found on Squirrel’s website and borrowers can make early repayments without penalty.
- Be at least 18 years old,
- Be able to afford the loan you are applying for,
- Have either a valid New Zealand Driver’s Licence or a valid New Zealand Passport to verify their identity,
- Provide bank statements for the last three months
- Pass credit checks with both Equifax and Centrix, to ensure you have no outstanding debts or credit card bills.
- You’ll need to list all income sources, your assets (e.g. house, investments, savings etc.), liabilities (e.g. credit cards, personal loans etc.) and your mortgage or rent expenses (separately from liabilities).
Assessments are made fairly quickly, and if your loan is approved you have 30 days to accept it. You will be assigned a credit grade which ultimately decides the interest rate on the loan. The better your credit grade, the lower the interest rate. Squirrel offers interest rate ranges for unsecured and secured loans:
- Squirrel Home Loans allow borrowing up to $2,000,000, secured by a first mortgage. Loans can be used to fund the purchase of owner-occupied or investment properties, with a maximum loan term of 7 years.
- Construction Loans allow borrowing up to $2,000,000, secured by first mortgage over New Zealand residential property. Loans can be used to fund residential housing construction (small-scale) or the purchase of development land, with a maximum loan term of 2 years.
- Personal Loans – Squirrel offers loans to fund renovations, partial deposits on a house, or purchase a tiny home etc, with terms ranging from 1 to 7 years. Specifically:
- The Homeowners loan allows borrowing up to $20,000 unsecured, or up to $70,000 secured to fund home renovations or upgrades.
- The Launchpad loan allows borrowing up to $120,000 to top up house deposit to meet 20% of property loan-to-value ratio (LVR) – for high earners. Loans secured against the property.
- The Homeowners loan allows borrowing up to $20,000 unsecured, or up to $70,000 secured to fund home renovations or upgrades.
Up-to-date information relating to borrower interest rates and establishment fees can be found on Squirrel’s website and borrowers can make early repayments without penalty.
Squirrel Borrowing Interest Rates
When a loan application is approved, it is assigned a “risk grade” with interest rates varying based on the borrower risk grade assigned. You can find up to date borrower interest rates on Squirrel’s website.
Squirrel: Borrowing Conclusion
Squirrel offers a no-obligation quote for a loan, and the process is easy to follow and done online.
Any potential borrower can (usually) get a "yes" or "no" from Squirrel within 24 hours, and if it's a "yes" they'll get an interest rate specific to their application.
Borrowers can compare the Squirrel offer with that of others as it's valid for up to 30 days.
Repayments work like any other debt, and there is a credit team to talk to if the borrower falls behind or needs to make a hardship application. You can find the fees charged in relation to loans on Squirrel's website.
Any potential borrower can (usually) get a "yes" or "no" from Squirrel within 24 hours, and if it's a "yes" they'll get an interest rate specific to their application.
Borrowers can compare the Squirrel offer with that of others as it's valid for up to 30 days.
Repayments work like any other debt, and there is a credit team to talk to if the borrower falls behind or needs to make a hardship application. You can find the fees charged in relation to loans on Squirrel's website.
Squirrel Review: Investors
Investing with Squirrel is another alternative to putting money in a term deposit, corporate bond – and has its own risk profile.
The offer is simple: you lend your money directly to Kiwi homeowners (and soon-to-be homeowners) looking to borrow, with investment terms ranging from 1 to 7 years, depending on the term investment type.
Squirrel offers three different term investment types or “classes” for lenders to invest in:
1. Home loan investment class:
2. Construction loan investment class:
3. Personal loan investment class:
Important: The platform is not without its risks and rewards, which we discuss in detail below.
The offer is simple: you lend your money directly to Kiwi homeowners (and soon-to-be homeowners) looking to borrow, with investment terms ranging from 1 to 7 years, depending on the term investment type.
Squirrel offers three different term investment types or “classes” for lenders to invest in:
1. Home loan investment class:
- Investment term of up to 7 years, with the option to sell via Squirrel’s secondary market place
- Risk rating: 2 (1 = lower risk, 7 = higher risk)
- Variable interest returns – check the website for up to date interest rates
2. Construction loan investment class:
- Investment term of up to 2 years, with the option to sell via Squirrel’s secondary market place
- Risk rating: 3 (1 = lower risk, 7 = higher risk)
- Variable interest returns – check the website for up to date interest rates
3. Personal loan investment class:
- Investment terms of between 1 – 7 years, with the option to sell via Squirrel’s secondary market.
- Risk rating – 5 (1 = lower risk, 7 = higher risk)
- Fixed interest returns – check the website for up to date interest rates.
Important: The platform is not without its risks and rewards, which we discuss in detail below.
Squirrel Investor Returns
Squirrel Investor Returns
Up to date interest rates (net of fees) can be found on the Squirrel website:
Who is your money lent to?
Squirrel lends to only qualified and creditworthy borrowers. Specifically:
Unlike other P2P platforms, investors are not presented with individual loan requests.
Instead, Squirrel allocates loans automatically, with money placed with borrowers at a range of interest rates depending on the individual risk profile.
Up to date interest rates (net of fees) can be found on the Squirrel website:
Who is your money lent to?
Squirrel lends to only qualified and creditworthy borrowers. Specifically:
- Borrowers must be over 18 years of age, have good credit history and the ability to service the loan and be a New Zealand resident.
- Each loan is classified with a risk rating depending on the borrowers income, credit risk, and security.
Unlike other P2P platforms, investors are not presented with individual loan requests.
Instead, Squirrel allocates loans automatically, with money placed with borrowers at a range of interest rates depending on the individual risk profile.
Squirrel Default Rates and the Reserve Funds
As at 11th August 2025, the life-to-date net default rate (i.e. once adjusted for funds recovered) across Squirrel’s three loan classes was as follows:
Further relevant information:
The level of bad debt is less of a risk factor for investors thanks to the Reserve Funds Squirrel has established for each of its investment classes (something unique to the P2P market in New Zealand).
Of every interest payment made by Squirrel borrowers, an amount is deducted and sent to the Reserve Funds – and, to date, the Reserve Funds have protected every dollar of investors / lenders money.
While borrowers are credit risk graded depending on their risk profile, Squirrel actively invests in a range of loans over a range of dates on your behalf.
- Personal loan book: 1.10%
- Construction loan book: 0.07%
- Home loan book: 0.00%
Further relevant information:
The level of bad debt is less of a risk factor for investors thanks to the Reserve Funds Squirrel has established for each of its investment classes (something unique to the P2P market in New Zealand).
Of every interest payment made by Squirrel borrowers, an amount is deducted and sent to the Reserve Funds – and, to date, the Reserve Funds have protected every dollar of investors / lenders money.
While borrowers are credit risk graded depending on their risk profile, Squirrel actively invests in a range of loans over a range of dates on your behalf.
Squirrel Borrowing Volumes
The amount a platform lends is important for two principal reasons:
Cumulatively, Squirrel has lent over $1 billion since launching in 2015.
- Credit Modelling: The more Squirrel lends, the more data it has to build its credit processes and report to investors. Having launched the platform in late 2015, Squirrel has now lent over $1 billion to borrowers (and growing). This supports further improvement in its credit risk assessment criteria and processes.
- Higher investment opportunities: The more borrowers, the more funding opportunities for investors. The more the platform lends, the greater the probability of new lenders available to fulfil future loans and/or purchase existing loans on the secondary market.
Cumulatively, Squirrel has lent over $1 billion since launching in 2015.
​Squirrel Loan Security
Squirrel’s home loans and constructions loans are all secured by first mortgages over residential property located in New Zealand. Squirrel’s personal loans for homeowners may either be unsecured or secured, depending on the loan value. Roughly 90% of Squirrel’s overall personal loan book is secured, usually against New Zealand residential property or other assets.
The current average loan value across its different investment classes are as follows:
The principal risk is a large number of borrowers defaulting on their loan commitments, resulting from negative economic conditions and/or poor credit assessment by Squirrel.
Squirrel aims to help protect investors in three principal ways:
The current average loan value across its different investment classes are as follows:
- Home loans: approximately $800,000
- Construction loans: approximately $900,000
- Personal loans: approximately $50,000 for new loans
The principal risk is a large number of borrowers defaulting on their loan commitments, resulting from negative economic conditions and/or poor credit assessment by Squirrel.
Squirrel aims to help protect investors in three principal ways:
- Credit assessment - Squirrel claims to have implemented appropriate systems and processes for determining the suitability of a borrower and his or her ability to afford loan repayments. With 10 years of history now, that claim is increasingly verified.
- Security on loans - Security for secured loans generally ranges from first-mortgages over residential property for home and construction loans, to other assets such as motor vehicles for personal loans. And we are also prudent with the Loan to Value Ratio we offer borrowers.
- Reserve Fund - Squirrel has established a Reserve Fund for each of its investment classes, to help protect investors from credit losses.
​What if a borrower doesn’t repay a Squirrel loan?
In the event a borrower misses a payment, the Reserve Fund associated with that investment class kicks in immediately and pays the investor both principal and interest, provided there are sufficient funds available.
Squirrel charges a dishonour fee (to cover its own credit management expenses) and penalty interest whilst the loan is in arrears (which is ceded into the reserve fund).
Squirrel contacts the borrower to ask for payment – in most cases the payment is promptly made. If not, Squirrel will continue to follow up with the borrower.
If three repayments fail, Squirrel reserves the right to engage with its external debt collection agency to take over the collection of the loan. Following feedback from the external agency, the collections team will decide on the next course of action e.g. proceedings and/or write-off.
When/if payments are caught up, the Reserve Fund is repaid.
All costs associated with the collection of the loan are paid by Squirrel or the borrower and not the investor. This includes debt collection, legal fees and debtor management.
Because of Squirrel’s Reserve Funds, investors will not be notified if a borrower’s loan goes into arrears and/or is written-off. This is because the Fund is used to pay back the investors, as scheduled.
Squirrel will only notify investors if the Reserve Fund does not have sufficient reserves available to repay defaulted loans.
In such circumstances, all investors would, in the first instance, receive a haircut on their interest repayments until the reserve fund is replenished. Only in the case that the Reserve Fund cannot be replenished using future interest repayments alone would investor principal be at risk.
You can find out how much Squirrel is putting into the reserve funds on their website.
Squirrel charges a dishonour fee (to cover its own credit management expenses) and penalty interest whilst the loan is in arrears (which is ceded into the reserve fund).
Squirrel contacts the borrower to ask for payment – in most cases the payment is promptly made. If not, Squirrel will continue to follow up with the borrower.
If three repayments fail, Squirrel reserves the right to engage with its external debt collection agency to take over the collection of the loan. Following feedback from the external agency, the collections team will decide on the next course of action e.g. proceedings and/or write-off.
When/if payments are caught up, the Reserve Fund is repaid.
All costs associated with the collection of the loan are paid by Squirrel or the borrower and not the investor. This includes debt collection, legal fees and debtor management.
Because of Squirrel’s Reserve Funds, investors will not be notified if a borrower’s loan goes into arrears and/or is written-off. This is because the Fund is used to pay back the investors, as scheduled.
Squirrel will only notify investors if the Reserve Fund does not have sufficient reserves available to repay defaulted loans.
In such circumstances, all investors would, in the first instance, receive a haircut on their interest repayments until the reserve fund is replenished. Only in the case that the Reserve Fund cannot be replenished using future interest repayments alone would investor principal be at risk.
You can find out how much Squirrel is putting into the reserve funds on their website.
Withdrawing Squirrel Funds
Squirrel Term Investments
With Squirrel Term Investments, investors have the ability to get early access to their invested funds using Squirrel’s secondary market. There are no fees for investors wanting to list their investments for sale on the platform. Squirrel displays data on its website about how long it takes to sell an investment.
Squirrel does not guarantee that there will be other investors willing to buy your investment, and you may need to hold your investment to term.
Squirrel Monthly Income Fund
Investors in the Squirrel Monthly Income Fund, are required to give 30 days’ notice in order to withdraw funds, and there are no fees associated with doing so.
With Squirrel Term Investments, investors have the ability to get early access to their invested funds using Squirrel’s secondary market. There are no fees for investors wanting to list their investments for sale on the platform. Squirrel displays data on its website about how long it takes to sell an investment.
Squirrel does not guarantee that there will be other investors willing to buy your investment, and you may need to hold your investment to term.
Squirrel Monthly Income Fund
Investors in the Squirrel Monthly Income Fund, are required to give 30 days’ notice in order to withdraw funds, and there are no fees associated with doing so.
Squirrel: Lending Conclusion
- Squirrel offers a unique opportunity for New Zealanders looking for diversity investments
- Squirrel offers a number of benefits such as loan protection, secondary market investment redemption and passive investment via the Monthly Income Fund
- Returns on investment are likely to range between 4.50% and 8.00% over the interest rate cycle. You can see up to date investment interest rates on Squirrel's website.
- There are no fees for investors / lenders on the Squirrel platform at the published rates of return. There is a platform management fee of 2.00% incl. GST for investors in the Squirrel Monthly Income Fund, however that also includes Squirrel’s margin, so there is not too much difference on a like for like basis
Squirrel Fees – How Fees are Charged to Borrowers and Lenders
Squirrel is a platform and it earns fees from borrowers and earns a margin. None of the fees collected are paid to lenders.
Borrower fees
Investor / lender fees
1. Service margins:
A service margin is charged to investors / lenders as a deduction from borrower repayments. The applicable service margin depends on the risk grade of the borrower – lower-risk loans carry a lower service margin.
Please note: The advertised interest rate for each Squirrel term investment is the rate of return that investors will receive, net of service margin and reserve fund deductions.
Current Squirrel service margins:
Annual fund charges:
Borrower fees
- Fees which may be charged to borrowers include establishment fees, default fees, dishonour fees, default interest rates, progress payment fees.
- You can find a full list of borrower fees on the Squirrel website.
Investor / lender fees
1. Service margins:
A service margin is charged to investors / lenders as a deduction from borrower repayments. The applicable service margin depends on the risk grade of the borrower – lower-risk loans carry a lower service margin.
Please note: The advertised interest rate for each Squirrel term investment is the rate of return that investors will receive, net of service margin and reserve fund deductions.
Current Squirrel service margins:
- Personal loans: 1.45% - 5.95% p.a. of the loan balance deducted from the gross loan repayment
- Home loans & Construction loans: 0.70% - 2.75% p.a. of the loan balance deducted from the gross loan repayment
- On-Call Account: up to 0.25%, being the difference between the interest rate Squirrel receives from the bank(s) where funds are held, and the interest rate paid to borrowers on their On-Call Account balances.
Annual fund charges:
- Squirrel P2P term investments: nil (margin and reserve levy is already deducted from the published returns)
- Squirrel Monthly Income Fund: 2.00% p.a. incl. GST (this includes Squirrels margin and the fees associated with running the Fund)
Squirrel Investor Must-Know Facts
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Your money can be withdrawn earlySquirrel's loan terms are typically 1 to 7 years in length, but if you want to access your money early, you can do so.
For those investing directly in Squirrel Term Investments:
For those investing into Squirrel’s Monthly Income Fund (direct via the Squirrel platform or via InvestNow). You are required to give 30 days’ notice in order to access invested funds, and may do so free of charge. |
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2. Squirrel’s Reserve Funds offer added protection for investor funds
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Repayments can be automatically withdrawn or re-investedAs loan repayments are made monthly by borrowers, a typical lender will usually see a positive balance in their account.
You can choose to have this automatically transferred to your bank account, or automatically re-invested into your preferred term investment type when the On-Call account balance reaches at least $100. The same is true for investors in the Squirrel Monthly Income Fund (either directly via Squirrel, or via InvestNow), who may choose to have their monthly payments reinvested or withdrawn to their nominated bank account. |
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Squirreldoesn't share ANY borrower informationThe investor doesn’t see any details about the loan(s) they are investing in. The investor simply selects their preferred investment type and term. As the Reserve Funds functions to absorb arrears / defaults, an investor is effectively investing in the loan book rather than an individual borrower as such.
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Individuals, Trusts and Companies can all invest in SquirrelThere are no exclusions, and the platform is the same regardless of the investor profile although investor registration steps differ slightly between individuals and companies or trusts.
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Are you a Squirrel investor or borrower, and have something you'd like to share with us? We'd love to hear from you - contact our team with your experiences.
