BienPrêter in 2026: loans, published statistics and French tax

Updated: 3 October 2026

BienPrêter is the trade name of Ulends SAS, which the AMF approved as a crowdfunding service provider on 24 November 2023. Lenders finance French businesses' invoices and orders from €20. Its statistics page of 2 October 2026 shows €440,916,942 financed since 2018 at a weighted average rate of 13.61%.

Ulends SAS, the AMF list and the payment institution behind BienPrêter

Ulends appears on the AMF list as an approved crowdfunding service provider (PSFP) under number FP-2023-38.

In its white-list entry, a page dated 25 September 2024, the AMF gives the brand name Bienprêter and the licensing date 24/11/2023. Listed there are the authorised service "facilitation of the granting of loans" and a passport listing 26 countries. Its list of withdrawn approvals, dated 10 June 2026, has no entry for Ulends.

Ulends' legal notice describes a SAS with variable capital of €500,000, registered in Aix-en-Provence under number 832 998 108, with its registered office in Trets. Payments run through Lemonway, which the notice presents as a payment institution approved by the ACPR on 24 December 2012. According to the terms of use, Lemonway committed to keep lenders' payment accounts operating for as long as necessary if BienPrêter stops its activity. In a post of 24 July 2026, BienPrêter says it now works with two payment providers, Lemonway and MangoPay.

On its identity sheet, the 2025 annual report still lists the status "IFP (Intermédiaire en Financement Participatif)". However, the AMF list and the site footer give PSFP.

What BienPrêter finances and which securities it lists

BienPrêter finances French small businesses' customer invoices, quotes and purchase-resale operations, and its own model page calls this crowdfactoring. A business presents a receivable due in several months, lenders fund it together, and the end customer's payment repays them. Under a payment delegation, the end customer pays BienPrêter directly and BienPrêter then reimburses each lender.

Repayments fall on the 6th of each month. A borrower must prepay the remaining principal once the underlying receivable is paid in full. Lenders then choose between withdrawal and reinvestment (terms of use, article 7). BienPrêter's pricing page says projects are financed through an amortising or in fine loan. Its BP Flex page says loans run in fine, with interest paid during the term and capital returned at maturity.

Eleven security mechanisms, among them mortgages and payment delegation, appear on the guarantees page. According to the model page, up to 11 can apply depending on the project. Each project receives a letter from A++ to C, the average of eight criteria scored out of 100. Management excludes projects below B, a grade the selection page associates with a default risk above 20%.

Logged-out visitors see a project's sector and funding progress, while rate, term and borrower details are reserved for logged-in lenders (home page).

Minimum, rates, fees and exits on BienPrêter

Lenders can start from €20, and the pricing page lists lender membership as free. That page gives project rates between 8% and 15% depending on the type of receivable and carries no date. Up to 14% is the figure on the home page. BienPrêter said in a post of 15 September 2026 that most new projects from October 2026 should pay 11% to 13% a year. However, fewer projects should pay more than that.

Since a post of 11 September 2026, the maximum collection period is 7 days instead of 30. Under the terms of use, money stays blocked on a project account until the collection closes and withdrawal periods expire. Money returns in full if the project misses its target. Lenders classed as non-sophisticated have four days to withdraw. Alert thresholds of €2,000, €3,000 or €5,000 a month, by level, are set on the investor categories page. But those thresholds are not absolute limits, the page states.

Resale happens on BP Flex, in whole or in part, before maturity. Sellers pay 3% of the amount resold, while buyers pay nothing and have four days to withdraw. But resale depends on buyers and is not guaranteed, the BP Flex page states. On the borrower side, the pricing page lists a platform commission of 3% to 11% of the amount collected.

BienPrêter statistics by year of funding

BienPrêter's statistics page reports 4,969 financed projects and €440,916,942 of nominal since 1 January 2018, with 0.00 € in its row for unrepaid capital. For its published definition, the platform reports a 0.00% default rate. It separately reports €216.9m of capital remaining due on live loans as of 2 October 2026 (BienPrêter statistics). The table copies columns from the page dated 2 October 2026.

Each column counts repayments for loans funded in that year, whatever year the payment happens. Loan amounts weight the average rate. A "maximum possible" IRR row and a "cost of risk" row sit beside the net IRR row. Both IRR rows show the same IRR on the page, while the cost of risk reads 0.00% in every column. The page publishes €440,916,942 financed, €219,193,563 repaid and €216,935,084 remaining due as separate cells. Dividing the repaid cell by the financed cell gives 49.71% as the author's computation, beside the 50.26% share the page displays.

Delay rows split late projects into under and over 180 days. Its "definitive loss" row covers judicial liquidation, a certificate of irrecoverability, or a recovery probability the platform judges to be nil. All of these rows read zero. Its legal indicator "default rate" cites Article 20 of the European crowdfunding regulation. Article 20 requires providers facilitating loans to disclose default rates annually over at least the preceding 36 months and publish them prominently. The 2025 annual report reports 680 funded projects and €151,356,288 at 31 December 2025, a different snapshot from the 2 October 2026 statistics page. Alongside this, the report gives a 0% default rate by value and by volume, defined as projects more than 180 days late.

The 2026 cohort's actual average duration of 5 months (against 17 contractual) and its 15.18% net IRR are immature-cohort figures. Of 423 loans from 2026, 13 were fully repaid at 2 October 2026, so 5.87% of capital is back.

According to the platform, its indicators cover all publicly opened and funded projects and do not reflect any individual lender's results. Two pages give different shares of projects retained after analysis: under 5% on the home page and 6% on the how-to-lend page. The 2025 French barometer puts €1,414.8m in its broad loan category, mostly remunerated loans and bonds, based on 51 platforms' submissions plus supplementary public/estimated data. It is a survey estimate for the French market.

Investor reviews appear on Trustpilot, where BienPrêter's page showed a TrustScore of 4.5 from 476 reviews when read on 3 October 2026.

French tax on BienPrêter interest for a French-resident lender

A French-resident lender owes the 31.4% flat tax on BienPrêter interest in 2026 unless the progressive scale is chosen. The platform also withholds most of that tax in advance.

Service Public states that the flat levy has been 31.4% since 1 January 2026, made of 12.8% income tax and 18.6% social levies. The form boxes below (2CK, 2OP, 2TT, 2TY and 2TU to 2TX) belong to the 2026 return, which reports 2025 income. That return is the only one the notice linked here covers. BienPrêter's tax page says it withholds "31 %" from monthly interest, as an income-tax instalment of 12.8% plus 18.6% social levies.

That 12.8% counts against the tax due, and the 2042 notice for 2025 income places it in box 2CK. Households with a reference tax income below €25,000 (single) or €50,000 (couple) can ask to skip the instalment, and BienPrêter then withholds only the 18.6%. The platform's page says the request is made in the personal space from 1 October 2026 and before 30 November 2026 for 2027 income. Box 2OP, once ticked, taxes all capital income and gains at the progressive scale instead of the flat rate. For 2025 income the notice puts interest on participatory loans in box 2TT, described as net interest received after any losses.

Filers are told in the 2026 tax brochure to declare that interest in box 2TT and not in box 2TR. BienPrêter makes an IFU (single tax form) available each year in the lender's personal space (terms of use, article 8).

BOFiP states that losses on participatory loans granted from 2017 are deductible up to €8,000 a year (version of 15 May 2023, §104-105). A loss qualifies once it has become definitively irrecoverable. It offsets participatory-loan interest of the same year or the five following years. The deduction is applied on the income-tax return only, and social levies stay due on the full interest. The 2042 notice assigns the current-year loss to box 2TY and carried losses to boxes 2TU to 2TX.

An example with assumed inputs: €1,000 of interest carries €128 of income tax and €186 of social levies, which is €314. Assuming a qualifying €10,000 capital loss becomes definitively irrecoverable in the year, the €8,000 annual eligible-loss cap applies. Against €3,000 of qualifying interest, no more than €5,000 of that capped loss remains for potential use in the following five years. Social levies still apply to the full interest.

For lenders whose tax residence is outside France, the tax page says interest is not subject to BienPrêter's withholding. The tax page asks for a non-residence certificate, a form 5000 certified by the foreign tax authority and proof of residence. Rates, losses and forms for 13 countries are in the crowdlending tax guide, and cash-flow timing by product is in the passive income guide.

BienPrêter FAQ

Is BienPrêter regulated in France?

Yes, the AMF white list shows Ulends under approval number FP-2023-38, granted on 24 November 2023 for the facilitation of the granting of loans. Within the same entry sits a passport listing 26 countries.

How much do I need to start investing on BienPrêter?

From €20, and lender membership is free according to the pricing page.

What does BienPrêter's 0% default rate cover?

It covers projects more than 180 days late, projects in collective proceedings and definitive losses, for loans funded since 2018. Definitions of each category sit on the statistics page. A loan late by fewer than 180 days appears in a separate delay row, which also reads zero on 2 October 2026. For its published definition, the platform reports a 0.00% default rate. It separately reports €216.9m of capital remaining due on live loans as of 2 October 2026.

Can I sell a BienPrêter loan before it matures?

Yes, through BP Flex, in whole or in part, for a 3% commission on the amount resold. A sale depends on a buyer being present. Buyers have four days to withdraw. After confirmation, the seller receives the accrued interest up to the confirmation date on the 6th of the following month. Interest already received stays with the seller.

Does BienPrêter withhold tax from lenders living abroad?

No. BienPrêter's tax page says interest of lenders whose tax residence is outside France is not subject to BienPrêter's withholding. Lenders are asked to return a non-residence certificate, a form 5000 and proof of residence. Reporting then follows the rules of the country of residence.