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Peer-to-Peer Lending: Lending Group

Back in 2008 we blogged about the trending lending solutions of peer-to-peer groups such as and As an update, here is information on an additional resource.

The Lending Club, has been funding since 2007. In addition to financing a business purchase, borrowers can request funds to pay off credit card debt or pay off a home mortgage.

From the Lending Club’s website, the process is simple:

“You can join in minutes.

If you’re borrowing, you can apply for a loan and get an instant rate quote.

If you’re investing, you can open an account instantly and get started building a portfolio that can earn more than other investments with comparable risk.

Everything is done online, so the whole process is fast, confidential, private, and secure.”

If you’re looking for alternate funding sources, you may want to consider one of these peer-to-peer lending networks.

About the author

Rob Bennett

Rob had served in the corporate-world for 18 years filling various technical capacities, from structural design to project engineer. His experience lends to FranFinders strategic planning, systems design and optimization.

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