Agree with your borrower on an interest rate you require for your investment.
Only invest the sum of money you can afford to loose in case of a borrower’s default.
Split your investments among multiple borrowers and you will be able to reduce the possibility of losses in your capital.
Make personal contact with your borrower in order to make sure you lend money to a reliable person. Use the Distance from me and In My City/State filter to find borrowers in your area.
Verify your borrower’s personal, financial and professional information by looking at the documentation supplied to the BeeLend platform. BeeLend provides a handy interface for the verification.
Regularly follow the payments made by your borrowers.
Write reviews on your borrowers to build the power of community on the BeeLend platform.