From now on, investors on the 'FinoMark' platform can invest in business loans not only manually but also automatically. Automatic investing is a feature that allows investors to automatically invest in loans as soon as they appear on the exchange and meet the investor's pre-set criteria.

The biggest advantage of automatic investing for investors is time-saving and more efficient money employment, without keeping it idle in the account but allowing it to grow continuously. With automatic investing selected, investors will no longer need to log in to their personal account each time, check if there are relevant investment offers on the exchange, and invest in them manually. By using the automatic investing feature, investors will also not miss new projects and will have a greater chance to invest in loans that are attractive to them.

Until now, investors on the platform could also use a similar 'Smart Investing' feature, which also allows creating an investment plan according to selected criteria, and for loans appearing on the exchange that meet these criteria, users are reserved a queue to invest in the project for three hours from the time the loan is listed on the exchange. However, if the investor does not confirm the investment within the specified time, the spot is lost and passed on to other investors. Automatic investing will completely avoid such situations and ensure that loans matching their criteria are immediately and automatically financed.

How will automatic investing work?

All the rules for automatic investing created by investors will enter a common queue based on the time the rule was created, thus priority to invest in a loan will be given to those investors who created their automatic investing rule earlier. However, once a loan is financed using automatic investing, the rule will automatically go to the end of the queue and be replaced by the rule that was below it. Thus, the first to create a rule will not always be first in the investment queue – the cycle will turn, giving a chance to invest first to others who have set criteria matching the loan.

Investors can now create an automatic investing rule in their personal account on the left side by clicking 'INVEST' and selecting 'Automatic Investing'. In the new window that opens, creating a rule is as simple as clicking on 'Create investment rule' and setting criteria relevant to the investor – rating, interest rate, term, goal, security measures, investment amount, etc. An unlimited number of rules can be created with different investing criteria, and they can be paused, edited, or deleted at any time.

Once the rule is saved and a project appears on the exchange that meets the investor's set criteria, the investment into the project will be made automatically – the investor will not need to log into their account and confirm the investment. The platform will reserve the amount of money set by the investor until the project is fully financed.
 

VIDEO:
Why it's worth creating an automatic investment rule on the 'FinoMark' platform
How to create an automatic investment rule