Results 1 to 25 of 27
Hybrid View
-
05-28-2014, 05:06 PM #1
Funding circle and others like them aren't carrying the balance sheets. They are simply connecting their accredited investors with merchants using their risk scoring system and aggregation methods and somewhere making a cut of the transaction. That model was profitable with the consumer side like lending club proved out but has yet to go through vintage cycles in our industry to see how it will fare for investors with longer durations and lower rates.
Similar Threads
-
PE Deal Gets AFS $200M For Small Business Loans, Alternative Lenders Continue To Ecli
By isaacdstern in forum Business LoansReplies: 9Last Post: 05-21-2014, 03:40 PM -
OnDeck’s Latest Deal Shows Banks Are Ready to Outsource Some Small Business Loans
By CO1 in forum Business LoansReplies: 1Last Post: 05-09-2014, 03:45 PM -
Small Business Loans: Should The SBA Make Room For Alternative Lenders?
By isaacdstern in forum Merchant Cash AdvanceReplies: 5Last Post: 04-10-2014, 06:23 PM -
Kabbage Now Uses Square Data To Provide Business Funding
By isaacdstern in forum Merchant Cash AdvanceReplies: 25Last Post: 12-07-2013, 09:36 PM -
Small Business Loans
By atag40 in forum Merchant Cash AdvanceReplies: 36Last Post: 07-22-2013, 09:16 PM