What is SaveLend Plus and how does it work?

SaveLend Plus is a savings product for companies that offers a fixed interest rate of 6%, with monthly interest payments corresponding to 0.5% of the invested capital. The interest rate is updated every 12 months and is based on the rate for our savings product SaveLend Fixed, with an additional 0.5 percentage points.

SaveLend Plus runs indefinitely, with the option to withdraw up to 25% of the originally invested capital on a quarterly basis, with payment made within 90 days from the date the withdrawal request is submitted.

The minimum investment in the product is SEK 1,000,000 and the maximum investment is SEK 10,000,000. Currently, savings can only be made in SEK, and you can activate one savings plan per month.

In connection with opening your first SaveLend Plus account, we will automatically create a transfer depot for you. This account will be used to temporarily hold the capital to be invested in SaveLend Plus, as well as to receive your interest payments and any capital you choose to withdraw.

How do I start a SaveLend Plus account as an existing investor?

If you already have a company account with SaveLend, you can get started with SaveLend Plus by clicking on “Fixed” in the overview:

1) Click on "Add new".

2). Enter the start date and amount. Click on "Confirm investment".

How do I start a SaveLend Fixed account as a new investor?

To start saving with SaveLend Fixed on SaveLend's savings platform, create an account here and then select "Fixed" in the "Overview" view and follow the instructions above.

How do I make a deposit to SaveLend Plus?

To ensure activation of your savings on the selected start date, you must transfer the chosen amount to the transfer depot no later than one day before the activation date.

Please note that it takes 1-3 banking days for your money to appear in the transfer depot if you choose to make a deposit via bank transfer.

You have the option not to activate your savings in SaveLend Plus up to one (1) banking day before the activation date by withdrawing available funds from the transfer account.

Note that you cannot make any changes regarding the amount and period (term). If you would like to change the amount, please contact our customer support.

How is interest calculated for SaveLend Plus?

SaveLend Plus offers a fixed annual interest rate of 6%, where 0.5% is paid out monthly based on the current capital.

What are the risks of SaveLend Plus?

SaveLend Plus is not a savings account, and money invested in SaveLend Plus does not constitute a deposit. Therefore, the government deposit guarantee and investor protection do not apply to SaveLend Plus.

However, if SaveLend were to become insolvent, you would still retain the right to recover your lent capital (read more about how this works here).

The purpose of SaveLend Plus is to provide predictability in returns. When you invest in SaveLend Plus, your capital is invested across many different credit assets, similar to other investment products on SaveLend’s platform. The difference is a form of profit-sharing designed to provide a fixed return of 6% over 12 months.

If the portfolio yields less than 6%, SaveLend will contribute capital to ensure the return reaches 6%. If the portfolio instead yields more than 6%, SaveLend retains the excess return.