Results 1 to 25 of 25
Hybrid View
-
05-06-2013, 05:12 PM #1
-
05-06-2013, 05:28 PM #2
- Join Date
- May 2013
- Posts
- 18
Actually their entrance into small business lending is imminent. That's pretty important.
http://www.lendacademy.com/lending-c...ing-operation/
-
05-06-2013, 05:39 PM #3
Great find Gini Co
Some very interesting takeaways:
"Experienced p2p investors know that the small business category on Lending Club is one of the worst performing categories of all – significantly underperforming debt consolidation loans. So doesn’t that mean it is a bad idea? I would answer no to that question. The people taking out “small business” loans on Lending Club today are really taking out personal loans and using it for small business purposes. What Lending Club is talking about here is creating a completely new underwriting model where the loan is made to the business not the individual."Last edited by Sean Cash; 05-06-2013 at 06:16 PM.
-
05-06-2013, 05:47 PM #4
-
05-06-2013, 06:23 PM #5
-
05-07-2013, 12:18 PM #6
Were doing OK to date smart ass. Experiencing explosive growth. And i can safely our platform today is one of the leaders in the market. Seems like captap from what i saw at ETA was automating with true offer, stips and esign, but will be targeting face to face sales.
In next two quarters you'll see CS marketing on google a 5min UW with offer, contract esign, and upload stips. So i can tell you with confidence, although not in comparison to google we will be taking a piece of the market share for platform driven origination's.