COMPLEMENTS OUR BANKING RELATIONSHIPSCHOPIN Peer to Peer lending (P2P) complements Banking and Institutional relationships of AltFi Lenders such as SME Cash and others in a special way
MATCHING SAVERS AND BORROWERSCHOPIN P2P matches investor savings with pools of pre-qualified SME Borrowers across 4 Loan Instalment Finance Products of the 7 Finance Products that SME’s need to grow their business, increase employment and contribute to Australia’s economic growth
SECURITYA Charge is secured over all the loan instalments by a Public Trustee on behalf of all Investors
ABOUT USCHOPIN P2P is part of Cunnington & Co Group which in 1999 acquired Discount Acceptance a P2P Lender. C&Co has a long history in Australia as a trusted SME financier. We have managed in excess of $150million of asset finance pools which included receivables, personal loans, insurance premium funding and leases being delivered via multiple distribution networks to customers ranging from sole trader/individuals to public companies. CHOPIN presently manages more than $26.6 million of 3rd party investment funds in the CHOPIN Equity Trust #2 invested in SME Assets and in the PayNow Fintech business.
CHOPIN P2P manages a pool of instalment-paying loans made to SME Businesses across four loan categories for specific purposes.
These are loans for a range of acceptable SME business purposes. They are for SME’s who qualify for up to $250,000 for a maximum term of 12 months paydown.
For Importers or exporters there are a unique total package of loans including pre-export and invoice finance which make a complete supply chain solution. Loans with no repayments up to 4 months are then repaid from Sales to Customers over the next 3 months or from the Invoice Finance Facility for Purchase Order delivery.
These are for SME’s who buy materials within Australia to manufacture or finished stock to be sold. Inventory finance loans allow up to 4 additional months beyond current supply terms.
Insurance Premium Funding
This product is for SME’s who don’t want to hurt their cash flow by paying insurance in a lump sum. The borrower can pay the insurance in advance, then borrow back and pay by the month for up to 12 months.
Asset finance loans are secured by hard assets in the form of equipment and autos. These are for a term of between 12 to 60 months.
FIVE SIMPLE STEPS TO INVEST WITH CHOPIN P2P
Tell us who you are in the simple Selection Boxes
below and download
the Product Disclosure
Checkout the Product portfolios on the next page and see how you can mix a Portfolio of loans matching your Term and $ availability
If you wish to establish an Investment Account with CHOPIN P2P you will need to provide us with the supporting materials
Once established your Monies paid will be held in the Bank Account of CHOPIN P2P Fund #1 at Westpac Bank waiting to be invested.
Once invested in Loan Instalment Assets of SME Borrowers funds will earn the nominated rate as part of the interest paid by SME borrowers.