How to use the Maclear Secondary Market: buying and selling investments explained
06/03/2026
3 min
The Maclear Secondary Market lets investors buy and sell existing loan positions before the loan term ends. Sellers can list at face value or apply a discount of up to 50%. Buyers acquire the remaining claim and its full repayment schedule. The minimum transaction amount is €30. Listings expire after 14 days if not purchased. Investments received through a promo code or bonus allocation cannot be listed on the Secondary Market.
Why the Secondary Market matters in P2P lending
Illiquidity is one of the structural trade-offs of P2P lending. When you fund a loan, your capital is committed for the duration — typically months. For many investors that is acceptable, but circumstances change: new opportunities open, portfolio rebalancing becomes necessary, or funds are needed ahead of schedule.
The Secondary Market changes this dynamic. It does not eliminate illiquidity — Maclear does not guarantee that a listed position will sell — but it introduces an option that does not otherwise exist: the ability to exit a position before maturity. Buyers also benefit: they can acquire loans with an existing repayment history, rather than entering at the start with no data on borrower behavior.
In practice, the Maclear Secondary Market has demonstrated strong demand. Every listing created between June 2025 and March 2026 found a buyer before the 14-day window expired — a 100% sell-through rate across ten consecutive monthly cohorts and over 50,000 listings. The median time to sell over the same period was approximately three hours.
How to sell an investment
You can list a position as soon as the project's funding round is complete.
— Go to the Secondary Market section in your account. — Select the investment you want to sell. — Set the listing price. You can apply a discount of up to 50% of the nominal value. The listing price cannot exceed the original investment amount. — Check the GTC (Good 'Til Cancelled) checkbox to confirm the listing. — Click Sell to submit.
A 2.5% seller fee applies only when the sale is completed. If the listing expires after 14 days without a buyer, no fee is charged. After purchasing an investment on the Secondary Market, you cannot relist it for 30 days.
How to buy an investment
Open the Secondary Market section to browse available listings. Each listing shows the remaining loan term, the borrower's repayment history to date, the asking price, and the projected AROI. Purchasing transfers the claim to your My Investments section immediately. Buyers pay no fees.
Why do Maclear investors sell investments on the Secondary Market?
Common reasons include rebalancing capital across borrowers or sectors, reducing concentration in a specific country or industry, and accessing liquidity ahead of maturity. Selling at a discount increases the chance of a faster sale — the tradeoff is a lower return on exit, partially offset by the fact that no fee is charged if the listing does not sell.
Can I cancel a Secondary Market bid on Maclear?
Yes. A seller can cancel a listing at any time before it is purchased. To cancel: go to the Secondary Market section, select the active listing, and confirm the cancellation. If the listing is not purchased within 14 days, it is removed automatically and no fee is charged.
Maclear AG, registered in Switzerland, member of PolyReg SRO, a self-regulatory organization supervised by FINMA.