Panel Discussion Video-alternative lending
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  1. #1

    Panel Discussion Video-alternative lending


  2. #2
    http://www.forbes.com/sites/tomioger...ng-industry/2/

    $1.5B valuation/IPO 2014 and entering business loans after success w/peer to peer-Lending Club-

  3. #3
    Senior Member Reputation points: 99426
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    That's a really solid business. I wonder if this model could ever work in the MCA space. The main problem is that the APR range would be from 30% to 100%.

  4. #4
    Looks like lending club already jumped in-

    https://www.lendingclub.com/public/b...s-loans.action

  5. #5
    Senior Member Reputation points: 148 Capital Stack's Avatar
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    Wow great link mca.vet. Google money officially in play

  6. #6
    If you look at bottom- loans are done by web bank- web bank is also behind new logic , dell financial, bill me later and I heard pay pals entrance to funding- they have been busy at web bank!

    Here's a link to PayPal and web bank alliance also-

    http://mobile.businessweek.com/articles/2013-09-24/paypal-breaks-into-small-business-lending
    Last edited by MCAVeteran; 10-30-2013 at 09:50 PM. Reason: Add link to PayPal Lending

  7. #7
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by MCAVeteran View Post
    Looks like lending club already jumped in-

    https://www.lendingclub.com/public/b...s-loans.action

    This is not their business loan program. This is one of their personal loan landing pages in which they have marketed their personal loans to business owners for a long time. I was an affiliate of Lending Club for a while and this is one of the landing pages you could choose. Their business loan program will be different than this and isn't slated to start until 2014.

  8. #8
    Good info Sean-

    Google either way has entered this bz- through lending club and ODC -

    http://www.thestreet.mobi/story/1191...e-lending.html

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