What are the rules for investing on the LANDE Secondary Market? Which loans cannot be sold on the SM?

Here are the most important things you need to know when investing on the LANDE Secondary Market:

1. No splitting below €100: For investments ranging between €2 and €99.99, only the full amount can be bought or sold on the SM. However, for loans starting with €100, investors have the option to split into one transaction of €50 and one or multiple transactions for the remaining amount (each at min. €50 and no less than €50 remaining investment after any transaction).
2. Resales available only for current loans: If you want to resell an investment you’ve
   purchased on the SM, you must wait until a new current payment is processed before it can be resold. If a loan is delayed by one or more 30-day intervals, investors will need to wait for the borrower to catch up with all delayed and current payments in order to be able to resell the investment on the SM.
3. No sales before loan issuance: to maintain fairness and project integrity, loans cannot be sold on the secondary market before they are officially issued.
4. No sales after final scheduled payment: Once a loan's final scheduled payment date has passed, the project will no longer be available for sale on the secondary market.
5. Full Bullet Loans: These loans are excluded from the secondary market and cannot be sold, as they have unique repayment terms that necessitate direct management.
6. Defaulted Loans: Loans that are in default status cannot be sold on the secondary market. This measure is in place to protect investors from acquiring non-performing assets. Furthermore, if a loan that is already listed on the Secondary Market goes into default, the Buy option will be deactivated.