🌟 How we score projects and what drives the rate: Maclear’s logic behind

Every project on our platform receives a credit rating from AAA to D, similar in structure to the systems used by S&P, Moody’s, and Fitch.

🌟 This is the final overall rating after we assess all relevant risks.

Our rating framework is based on three dimensions:

🌟 Borrower’s financial health

🌟 Qualitative assessment of the business, management, and industry

🌟 Debt service capacity, including metrics such as DSCR and EBIT/Interest

These three layers help us understand how resilient the project may be over time.

🌟 The rating is an important factor in determining APR. Higher-rated projects typically receive a lower rate, though other factors also play a role.

Projects with a D rating do not pass due diligence and are not listed on the platform at all.

At the moment, we have no projects with a C rating on the platform, which shows how strictly we select projects.

APR is fixed for the entire fundraising period and does not change after you invest. In practice, the rate stays the same for the investor throughout the project’s collection period.

🌟 Another important factor is LTV (loan-to-value), meaning the ratio between the loan amount and the value of the collateral. The higher the LTV, the higher the potential APR — it is so because the risk is also higher.

🌟 And there is one more layer: bonuses such as referral rewards, loyalty rewards, and cashback. These are added on top of the base APR and can increase the effective return to 16.5% and sometimes even higher.

🌟 So in short: LTV affects the APR, and the APR is assigned annually and fixed. But the final rating is never based on one metric alone — it is the result of a full risk assessment.