Tuesday, Mar 19, 2019

Investor confidence back

Investor confidence back
18 Jul

Barbados' sole peer-to-peer lending and investment company, Carilend says it saw a resurgence of investor confidence in the aftermath of may's general election.

The news comes as the company reported a record performance in June, as it was also able to increase the upper limit of its unsecured loans to $20,000.

Chief Executive Officer and founder of Carilend, Mark Young made the comments during a recent interview with the Business Report.

Mr. Young also talked about the company's doubling of its unsecured loan limit. He also noted that the limit will be reviewed continuously over time, mainly based on the overall level of investment.

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