SAVY - Risk and return review
SAVY - Returns and loss rates
SAVY – Platform statistics 2026
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SAVY – Pros & Cons
About SAVY
What it is
SAVY is a Lithuanian peer-to-peer lending platform, running from Vilnius since 2014 and operated by UAB "Bendras finansavimas". You lend to Lithuanian borrowers: mostly consumers (about 83% of all loans issued, August 2026), plus small businesses, home buyers and property developers. By 27 October 2026 it had issued €208.7 million of loans, 18,433 people had invested, and €30.97 million of interest had been paid to investors.
How it works
You lend from €10 per loan, up to €1,000 per consumer or mortgage loan for individuals, either by hand or with auto-invest. SAVY checks and approves every borrower itself and gives each loan a credit grade; riskier grades pay more. Your money goes into slices of many individual loans, which you own directly. Terms average 39 months: consumer loans 39 months, business loans 20, development loans 11 and mortgages 116. Investing requires an account with Paysera, a licensed Lithuanian payment firm. The site is in Lithuanian and English.
Returns
The average interest rate across all loans is 15.58% a year (27 October 2026): 16.30% on consumer loans, 12.55% on business loans, 9.01% on development loans and 9.38% on mortgages. This is the rate borrowers agreed to pay, not what investors keep. It comes before defaults, before the share of interest taken by the optional Investors' Fund (30% to 50%), before fees, and before the 15% Lithuanian tax withheld from foreign investors. SAVY publishes no return after losses, so what investors actually keep is not known.
Losses and defaults
The loss figure is very low, but the share of loans in default is not, and the gap between the two matters. SAVY counts as lost only loans it has written off at the end of the court process: €55,528, or 0.06% of the €94.37 million of loans in its overdue table (27 October 2026). That process takes years, so most bad loans are not yet counted.
At the same date, €9.81 million of principal was more than 90 days late, of which €6.74 million was more than a year late. That is about 10.4% of the loans in the table, or about one euro in ten, calculated from the platform's own figures; measured against the loans still running it was about 13% (25 October 2026). Counting shorter delays too, 18.5% was late. On the investor side, €4.83 million of the €75.21 million invested (6.4%) was marked delinquent. How much of the money in court eventually comes back is not published, so final losses could end up well above 0.06%.
For business loans under the EU crowdfunding rules, SAVY publishes a yearly default rate (more than 90 days late, by number of loans): 16.4% in 2023, 11.9% in 2024 and 6.5% in 2025 (11 of 170 loans).
How we read these figures: so much money in default points to weak checks of whether borrowers' income can cover their repayments. The low amount written off suggests that recovery through the courts and the security on business and property loans have brought most of the money back on loans closed so far, though write-offs come only after years in court and recovery figures are not published.
What secures your money
Most of the money is in consumer loans with no security. Business loans usually carry personal or owner guarantees and some pledges; mortgages and development loans are secured on property. There is no buyback. Instead, an optional Investors' Fund for consumer loans pays back unpaid principal and 90 days' interest once a loan is 90 days in default, but only while the fund has money. It costs 30% to 50% of your interest. Since 2016 it has taken in €3.38 million and paid out €3.26 million; it held €115,110 in October 2026, after holding only €2,700 to €16,000 from mid-2023 to March 2026. When the fund is empty, payouts wait. SAVY does not publish recovery figures; the company's chief executive has said court recovery takes about four years on average and up to eight. In plain words: on consumer loans you carry the borrower's risk yourself, and the fund is a thin cushion.
Who runs it and its licence
UAB "Bendras finansavimas" (company code 303259527) is supervised by the Bank of Lithuania (authorisation LB002207). It has been a licensed consumer lender since April 2015 and a licensed peer-to-peer platform operator since August 2016, and has held an EU crowdfunding licence since 1 August 2023. The consumer loans fall under the Lithuanian peer-to-peer rules; only business and development loans fall under the EU crowdfunding rules. No deposit guarantee or investor compensation scheme covers the loans. The company publishes audited annual accounts.
Fees
The first six months are free; after that SAVY charges €1 a month for any portfolio. Selling a loan on the secondary market costs 1% of the amount, or 3% for a terminated loan in court. The optional Investors' Fund takes 30% to 50% of the interest on the loans it covers. Late-payment interest of 10% and early-repayment penalties go to the platform.
Getting your money out
You can sell your loans to other investors on SAVY's secondary market, which had a turnover of €15.5 million (October 2026). In August 2026 about two-thirds of sales went through above face value. Late or terminated loans sell only at a discount, if at all. Cash in your Paysera account can be moved to your bank at any time.
Our view
Return: Very High — loans pay 15.58% a year on average, before defaults, fund costs and tax. Risk: Low (higher means more risk) — the platform's own loss figure of 0.06% would give Very Low, the lowest level; we set it one step higher because about one euro in ten is more than 90 days late, recoveries are not published and the Investors' Fund is thin; actual losses could end up higher. The high default share points to weak checks of borrowers' ability to repay, while the low write-off figure suggests recovery has worked on loans closed so far. Risk-return: Very High — a high rate on a long-running, licensed platform, as long as you spread your money widely and accept that defaults are part of consumer lending.
Regulation
License / Regulation: UAB "Bendras finansavimas" (company code 303259527) is supervised by the Bank of Lithuania (authorisation LB002207): consumer credit lender since 13 April 2015, peer-to-peer lending platform operator since 23 August 2016, real-estate credit authorisations since 22 November 2021, and EU crowdfunding service provider licence since 1 August 2023. Consumer loans fall under Lithuanian peer-to-peer rules; business and development loans under the EU crowdfunding rules. No deposit guarantee or investor compensation scheme covers the loans.
Functionality
For Investors
Useful Information
Yes. The operator, UAB "Bendras finansavimas", is supervised by the Bank of Lithuania as a consumer lender and peer-to-peer platform operator, and holds an EU crowdfunding licence (since August 2023) for business and development loans. No compensation scheme covers the loans.
Your cash sits in your own account at Paysera, a payment firm licensed by the Bank of Lithuania, separate from SAVY. Once lent, your money is in loans you own directly.
€10 per loan. Individuals can put at most €1,000 into a single consumer or mortgage loan.
Loans pay 15.58% a year on average before losses (27 October 2026). Only 0.06% has been written off, but €9.81 million, about 10.4% of the loans in the overdue table, was more than 90 days late, and how much comes back from court is not published.
Because SAVY counts a loan as lost only at the end of the court process, which the company says takes about four years on average and up to eight. Loans more than 90 days late (about one euro in ten, October 2026) are still waiting, so final losses could be much higher than 0.06%.
Consumer loans, most of the book, are unsecured; business loans usually have owner guarantees, and mortgages and development loans are secured on property. There is no buyback. An optional Investors' Fund covers defaulted consumer loans while it has money, but it held only €115,110 in October 2026 and costs 30% to 50% of your interest.
Yes, by selling loans on the secondary market for a 1% fee (3% for terminated loans). Performing loans usually sell easily; late or terminated loans only at a discount, if at all.
Nothing for the first six months, then €1 a month. Selling costs 1% or 3%. The optional Investors' Fund takes 30% to 50% of the interest on covered loans. Non-residents have 15% Lithuanian tax withheld.
If a borrower fails, SAVY pursues the debt through the courts, which can take years, and you bear the loss unless the Investors' Fund pays. Your loans are direct claims on borrowers and your cash is at Paysera, but SAVY publishes no plan for how loans would be serviced if it stopped operating.
