Archive for Editor
On Deck Expands Prouct Features To Better Serve Main Street Businesses; Increased Loan Amounts And Funding In One Day
On Deck Expands Prouct Features To Better Serve Main Street Businesses; Increased Loan Amounts And Funding In One Day (via PR Newswire) Tech-Powered Lender Also Crosses $500M Lending Mark Download image On Deck Logo. (PRNewsFoto/On Deck) NEW YORK, June 12, 2013 /PRNewswire/ – On Deck (www.ondeckcapital.com), the technology-powered Main Street lender, announced today a number of [...]
San Diego Entrepreneurs Launch Dealstruck Lending Marketplace for Businesses Seeking Expansion Capital (via MarketWired)
San Diego Entrepreneurs Launch Dealstruck Lending Marketplace for Businesses Seeking Expansion Capital (via MarketWired) SOURCE: Dealstruck June 04, 2013 08:00 ET Online Crowdlending Platform Connects Profitable Businesses in Need of Capital With Accredited Investors SAN DIEGO, CA–(Marketwired – Jun 4, 2013) – Dealstruck, Inc. today announced the launch of its crowdlending platform that connects growing, [...]
CrowdIt Leads Crowdfunding Revolution, Launches Industry’s First Site to Include Business Networking and Support Services
CrowdIt Leads Crowdfunding Revolution, Launches Industry’s First Site to Include Business Networking and Support Services (via PR Newswire) CrowdIt launches with 150 projects, takes aim at industry norms by adding value beyond just funding – offers networking, peer review and first-to-market resources for crowdfunding success Download image CrowdIt logo. (PRNewsFoto/CrowdIt) SPRINGFIELD, Mo., June 4, 2013 [...]
Microsoft offer’s Crowdfunding Platform “Chip-In” for Student Laptops
Microsoft is introducing it’s latest technology today, a crowdfunding platform called “Chip In” which allows students to crowdfund funds to purchase a laptop the summer before their school year. The website is open to students, faculty and staff with a .edu email address and runs through September 1st. Microsoft will be running a 10% discount [...]
Small Businesses the Next Big Borrower in Peer to Peer Lending
Recently, several companies have taken interest in the peer to peer lending niche, small business lending. Since the financial collapse in 2008, small businesses have struggled to get traditional bank loans. Banks inability to lend to small business has lead many small businesses to turn towards alternative financing. Recently there has been an influx of [...]
Small Businesses Trust Advantage Capital Business Loans for Their Lending Needs
Small Businesses Trust Advantage Capital Business Loans for Their Lending Needs (via PR Newswire) While Dodd-Frank legislation is forcing big banks to increase their lending, small business owners still prefer the simple and quick loans from ACBL. LOS ANGELES, May 28, 2013 /PRNewswire/ – In a startling turn of events, approval rates of small business loans [...]
How to Way Credit Score In Peer to Peer Lending
When an individual or a business fills out a loan application, they are always asked to include a credit score. Credit scores can be a strong indicator of an individual or a businesses history of repayment and their diligence in keeping up with their financial records. However, credit scores can also be misleading or based [...]
Crowdfunding API’s: Crowdfund on Any App or Through Any Website
In the last year and a half crowdfunding API’s have opened up crowdfunding to non-profit organizations, universities, religious establishments and several other organizations with a focus on grants and development. By taking their fundraising online, these groups can raise money through group funding including peer to peer lending and crowdfunding. A crowdfunding API or Application [...]
This Week In Peer to Peer Lending 05-17-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: CAfter Google: Analyzing the P2P Lending Market -Lending Club’s $125 million investment round led by Google proves something most investors and financial professionals already knew: P2P lending is the dominant and most profitable force in the crowdfunding space… After [...]
After crowdfunding $10M for a dozen consumer product companies, CircleUp raises its own $7.5M Series A
After crowdfunding $10M for a dozen consumer product companies, CircleUp raises its own $7.5M Series A (via Pando Daily) By Michael Carney On May 7, 2013Not all crowdfunding is created equal. The first generation of this peer-to-peer fundraising concept centered around incentive-based campaigns, where users of platforms like Kickstarter and Indiegogo receive rewards and recognition [...]
After Google: Analyzing the P2P Lending Market
Lending Club’s $125 million investment round led by Google proves something most investors and financial professionals already knew: P2P lending is the dominant and most profitable force in the crowdfunding space. By analyzing recent news and valuations, it becomes quite clear that funding directed toward P2P lending platforms eclipses the combined funding for all non-debt [...]
Blackhawk Investments Opens Peer to Peer Lending to Real Estate
Blackhawk Investments is opening the peer to peer lending space up to real estate investors. Blackhawk Investments allows borrowers looking for real estate loans to enlist on their platform and request a loan; upon qualifying they will be matched to interested investors. Lenders can enroll on their platform, browse the loan request and choose where [...]
This Week In Peer to Peer Lending 05-03-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Crowdfunding Investors Poised to Win -Retail investors should put 2%-5% of their portfolios in crowdfunding, says angel investor Chris Camillo to TheStreet’s Laurie Kulikowski… SME’s turn to Peer to Peer Lending In Britain. Is America next?- Nesta, a UK [...]
Social Lending, Crowdfunding and Peer to Peer Lending
Over the last 20 years, social lending has been growing exponentially. Social lending is the process of lending between people without going through a bank or other traditional financial institution. In general, social lending is utilized through crowdfunding or peer to peer lending. The crowdfunding and peer to peer industries have different purposes, goals and [...]
SME’s turn to Peer to Peer Lending In Britain. Is America next?
Nesta, a UK non-profit, published the UK’s first “independent research into peer to peer lending.” Nesta’s mission is to help people and enterprises realize their goals through providing financing and grants. Nesta’s independent study had three exciting conclusions: The UK has the potential to raise over £1.2 billion in financing Three quarters of lenders expect [...]
This Week In Peer to Peer Lending 04-26-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Institutional Investors Enter Peer to Peer Lending -Peer to peer lending arose out of a need for loans that banks were unable to fulfill. Peer to peer lending platforms take personal loans that may vary slightly from a bank [...]
What Brings Institutional Investors to Peer to Peer Lending
Peer to peer lending arose out of a need for loans that banks were unable to fulfill. Peer to peer lending platforms take personal loans that may vary slightly from a bank standards, or are unable to be fulfilled by a bank and list them for individuals to fund. In the last few years, financial [...]
Social Impact of Peer to Peer Lending.
Peer to peer lending has several financial advantages including higher returns and better interest rates at the same risk as a savings bank. Alongside the financial advantages, peer to peer lending also has enormous social advantages as well. Peer to peer lending allows people and businesses that may not otherwise be able to get [...]
While crowdfunding waits for the SEC, companies like DietBet close seed rounds on SeedInvest
While crowdfunding waits for the SEC, companies like DietBet close seed rounds on SeedInvest (via Pando Daily) By Erin Griffith On April 12, 2013Remember crowdfunding? Buzz around it reached a fever pitch around this time last year, and with the passing of the JOBS Act, the wait began. We waited, and we’re still waiting, for [...]
So far no one has lent me any money. I have noticed however that pretty much no one has been ...
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed