Funds that are invested cannot be withdrawn directly and are tied into the investment for the duration of the investment term. If an underlying borrower does not repay within their contractual loan term, your funds may remain invested beyond the expected investment end date while repayment or recovery activity continues.
The Secondary Market may provide an opportunity to exit an investment earlier, subject to eligibility and another investor purchasing the investment:
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Select-Invest investments can be listed for sale on the Secondary Market, subject to the applicable selling criteria and a 1% seller’s fee.
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Pool investments can be listed on the Pool Secondary Market. The full remaining balance must be listed and can be priced between 60% and 120% of its current value. There is currently no seller’s fee for the Pool Secondary Market.
A sale is not guaranteed and will depend on demand from other investors. Until a sale completes, the investment remains yours and any repayments will continue to be applied as normal.
Funds that are already available in your Kuflink wallet can be withdrawn and will usually be returned within 5 working days. Compliance checks may be carried out which can delay the timeframe of your withdrawal being completed, you will be contacted if your request requires further checking.