Referral Program

Overview

The Lendscape Referral Program allows participants to earn commissions by referring liquidity providers to the Lendscape platform.

How It Works

  1. Obtain Your Referral Link:

    • Navigate to the Profile section to access your unique referral link.

  2. Share Your Link:

    • Share your referral link with potential liquidity providers.

  3. Earn Commissions:

    • When referred liquidity providers fund loans on Lendscape, you receive a commission based on 1% to 2% of the loan amount, distributed from each payment made by the borrower.

Commission Structure

  • Commission Rate: Between 1% and 2% of the loan amount.

  • Payment Distribution: The total commission is earned proportionally from each payment made by the borrower over the loan term.

Example

  • Loan Amount: $100,000

  • Commission Rate: 2%

  • Total Commission: $100,000 × 2% = $2,000

  • Loan Term: 12 months

  • Borrower Payments: Assume equal monthly payments over 12 months.

  • Commission per Payment: $2,000 ÷ 12 ≈ $166.67 per payment

Note: Actual commission amounts may vary based on loan terms and the agreed commission rate.

Getting Started

  1. Access Your Referral Link:

    • Log in to your account on app.lendscape.xyz.

    • Go to the Profile section to find your referral link.

  2. Share Your Link:

    • Provide your referral link to potential liquidity providers.

  3. Track Referrals:

    • Use the dashboard to monitor referral activity and earnings.

Terms and Conditions

  • Eligibility: Open to individuals and entities legally permitted to participate.

  • Commission Rates: Between 1% and 2% of the loan amount, distributed over borrower payments.

  • Payments: Commissions are paid proportionally from each borrower payment according to the loan's repayment schedule.

  • Compliance: Participants must adhere to applicable laws and promotional guidelines.

  • Agreement: Participation indicates acceptance of the Referral Program terms.

Refer to the Referral Program Agreement in your account for detailed terms.

Last updated