It is not possible to really get private money borrowed through crowdfunding in the Netherlands. Many platforms are unable to find private investors to invest sufficient money in private loans, while the quality of private loans is also lagging behind.

While it was still a big promise in 2015 and more and more platforms were added, in 2017 they just stopped offering loans to private individuals. For example, since the end of 2016, Dunco in the Netherlands only offers loans to companies. And in mid-2017, CrossLend also stopped offering loans in the Netherlands. However, both platforms still offer loans in Germany. The market there is much larger anyway and there are also more investors.


Other platforms such as Lendex often have no more than 1 loan outstanding and it takes a relatively long time before there are enough investors. This is in a large contract with other platforms for borrowing business money that are often repaid within 1 day or even within 1 hour, such as Money for each other and Sdem Crowdfunding.

Remarkably, private loans, just like business loans through Money for each other, find investors fast enough. The biggest problem here is two-fold. On the one hand, there is the quality of loan applications, but it is just as important whether a platform can attract enough investors. In 2015 and 2016 there were enough good loan applications from individuals every week via Dunco, but it took a relatively long time before there were enough investors. This while many business loans via other platforms are fully charged within 1 day.

One of the reasons for the lack of investors for private loans may also be that the interest on business loans is often much higher than the interest on private loans. But another reason could also be that some platforms are simply better at attracting larger investors.


At the end of 2016, a new platform was launched in the Netherlands that will try it differently. They first focus on investors and try to offer more certainty. But the interest they offer is still significantly lower than the interest of most business loans. In the first half of 2017, they paid out more 24 loans. That still doesn’t mean anything of course.

When private loans through crowdfunding really come off in the Netherlands is still the question. For the time being, we have to wait for new initiatives, consistency and more courage. That is our conclusion after three years of following this market. See here moreover a more comprehensive overview for private money lending and business loans via crowdfunding.