Archive for Toi Williams
Small Business Owners Embracing Microlending Across The US
Microlending is growing in the U.S. as large banks turn away small business owners. Here is the press release: September 8, 2012 — Microlending is well-established in developing countries like Bangladesh and Mexico. It also is growing in the U.S., the world’s largest economy and home to the globe’s most sophisticated financial system. Generally, many [...]
Advisor Referrals Earn 1.5% On Rebuildingsociety.com
Crowdfunding platform rebuildingsociety.com pays 1.5% on completions resulting from adviser referrals. Here is the press release: September 4 2012 — An introducer channel paying a 1.5 percent fee on completed loans resulting from adviser referrals has been established by business crowdfunding platform rebuildingsociety.com. Operating in the alternative finance sector, the peer-to-peer lending company, which was [...]
Fixura Launches International Lending
Finnish Fixura launches investing options for people living in other countries. Here is the press release: In July 2012 the Finnish P2P-lending website Fixura opened up the possibility of investing in Finnish loan applications for people living in other SEPA-countries. The AAA rated country Finland is known for low crime, one of the highest living [...]
Peer-to-Peer Lending Hits $50 Million At National Family Mortgage
Investing in family is proving to be lucrative for National Family Mortgage. Here is the press release: National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has surpassed $50 million in total loan origination since inception. National Family Mortgage’s safe and easy to use online platform allows [...]
ThinCats Moves To New Home
As savers and investors embrace secured peer-to-peer lending, ThinCats.com popularity soars among the investment community, prompting move to new office in the heart of the UK. Here is the press release: Saturday, 08 September 2012 (Melodika) — ThinCats.com (ThinCats) which provides an online market for secured business loans, has opened an office in the heart [...]
RainFin Announces Progress With Peer To Peer Lending
RainFin announced that the number of applications and funded loans are steadily increasing in the early months of operation. Here is the press release: 28 August 2012 (BusinessTech) — Social lending company RainFin says it had 106 applications in its first month of operating, with 22 successful loan application funded by peers during that time. [...]
SoMoLaunch Competition Encourages Entrepreneurs to Put Their Best Foot Forward
Winner of business competition to receive $5,000 to fund expansion, equipment upgrades, promotional materials, or other business needs Here is the press release: CINCINNATI – August 20, 2012 – Are you an existing small business with the next great idea? Do you need more funding to get to the next level? SoMoLend (http://www.somolend.com/) wants to [...]
More Small Businesses Exploring Borrowing From Individual Investors
Microlending and peer to peer lending are expanding as more business owners explore these lending options. Here is the press release: August 31, 2012 — As the UK economy is falling deeper into recession and the euro crisis continues to threaten financial markets, many businesses are losing confidence in banks. The increasing rate and price [...]
New Loan Platform Launched By SocietyOne
SocietyOne, an Australian loan management platform provider, has launched Australia’s first fully compliant peer-to-peer (P2P) lending platform. Here is the press release: 22 August 2012 — According to the company, the new product runs on a proprietary loan management platform called ClearMatch, which it describes as a secure, online loan management solution. It claimed the [...]
I-Lend Social Network Up And Running
A new start-up peer to peer lending company has launched its social networking site targeted to borrowers and lenders. Here is the press release: Hyderabad Aug. 23 2012 (The Hindu Business Line) — A start-up firm has launched a social networking site exclusively for borrowers and lenders. The peer-to-peer lending site, named i-lend, enlists prospective [...]
SoMoLend Teams Up With California Startup To Expand Reach
Ohio startup SoMoLend and California startup CircleUp are joining forces to reach a wider audience of investors and borrowers. Here is the press release: CINCINATI August 14, 2012 (Soapbox Cincinnati) – Two innovative online investment startups, one in Ohio and one in California, are teaming to expand each other’s reach. Cincinnati-founded SoMoLend (short for Social [...]
Funding Circle Lending Volume Up To £1M A Month
Funding Circle has announced a new milestone with gross lending exceeding £40 million and average weekly lending of more than £1 million. Here is the press release: (Mortgage Finance Gazette) August 10, 2012 — The online lender, Funding Circle, which matches private investors with businesses looking for funding, has announced a new milestone with gross [...]
Metro Design Consultants Using Kiva To Empower Entrepreneurs
Metro Design Consultants is launching a team lending fund with Kiva to provide support to entrepreneurs worldwide. Here is the press release: London (PRWEB UK) 17 July 2012 – Daniel Taylor, Managing Director of Metro Design Consultants, a leading London design and build firm, will be launching a team lending fund with Kiva the world’s [...]
Lending Club APRs Drop
P2P lending is on pace for a huge August as loan volumes increase and interest rates drop. Here is the press release: (PRWEB) August 10, 2012 — The Loan Sheet’s Peer Lending Pulse reports that APRs for peer-to-peer lending platforms dropped this week, while loan volume is on pace for another record month. Lending Club, [...]
Kiva City LA Launches
Kiva City LA has been launched to provide a way for anyone to support the small business owners, local economies, and local jobs in Los Angeles. Here is the press release: LOS ANGELES, CA–(Marketwire – June 26, 2012) – Kiva City Los Angeles (LA), an initiative that enables anyone with access to the internet a [...]
Zidisha Reaches $300K In Loans Facilitated
Zidisha, a US-based nonprofit microlending service, reached the milestone of USD $300,000 raised for 500 different businesses. Here is the press release: (MicroCapital) July 31, 2012 — Zidisha, a US-based nonprofit microlending service, reached the milestone of USD 300,000 raised for 500 different businesses on July 18, 2012. Each day, Zidisha facilitates the lending of [...]
SocietyOne Launches Australia’s First Peer-To-Peer Lending Company
The first peer-to-peer online lending platform in Australia plans to circumvent traditional bank lending. Here is the press release: SYDNEY 21 August 2012 (ARN) – It isn’t just mobile payments that are disrupting traditional notions of banking. Sydney-based consumer finance startup SocietyOne has launched Australia’s first peer-to-peer online lending platform, which aims to bypass traditional [...]
Kiva And Kashf Foundation Announce Partnership
Kashf Foundation announces that it will partner with global website Kiva to provide loans to female entrepreneurs. Here is the press release: LAHORE (The Express Tribune News) July 25, 2012 – Microfinance Institution Kashf Foundation announced its partnership with global non-profit organisation Kiva, a platform dedicated to connecting global audiences through online lending. The association [...]
Former Visa and Morgan Stanley Executive Tapped To Be Lending Club’s Chief Technology Officer
John MacIlwaine has been chosen by Lending Club to lead credit platform’s technology initiatives and support continued growth trajectory. Here is the press release: SAN FRANCISCO – July 31, 2012 – Lending Club (http://www.lendingclub.com), the leading platform for investing in and obtaining personal loans, announced today the appointment of technology veteran John MacIlwaine as the [...]
SoMoLend and CircleUp Create Partnership To Assist Small Businesses and Entrepreneurs
CircleUp and SoMoLend are announcing a partnership to improve access to capital for small businesses and entrepreneurs through a national network of accredited investors. Here is the press release: CINCINNATI and SAN FRANCSICO July 30, 2012— CircleUp (https://circleup.com/), the leading equity crowdfunding site in the US, and SoMoLend (http://www.somolend.com/), the pioneering debt borrowing platform connecting [...]
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed 
Did u actually get the funds, is this a payday loan?