How long is a typical investment period with an SCP loan?
At SCP you choose to invest your money into specific loans against specific properties. This means your investment period is linked to the life of the chosen loan, differing from a term deposit length which is set by monthly periods.
All loans have an agreed repayment strategy, and this provides a guideline for the investment period. However, all borrowers have the right, through law, to repay their loan at any time. This means it’s possible the loan you have invested in may repay early.
The borrower may also need a little extra time to complete their project or obtain a sale to repay the loan. In these instances the loan is re-assessed and renewed enabling the investment continues.