Does anyone know if this exists already:
A website created to provide viable micro-loans to operational small businesses. Similar to the micro-loan site "Kiva" in that loans could be pieced together from many small amounts and many different "lenders". It would give people at home a way to create a valuable investment, help small business owners, and risk only a few hundred bucks.
I've searched online a bit but couldn't really find a site that helped bring personal lenders together with businesses in need of small loans. Most of the places that were remotely similar involved making a payment to the websites fund and then the website would choose which companies it wanted to invest in. Im talking about a place where each individual can choose to contribute to any qualifying company that makes it onto the site.
Sounds like a great idea.
Let me know when you get it up and running...
they have website like this, can't remember off hand what it is though. I specifically remember reading an article about one in particular a while back.
prosper.com is one i think - any peer-to-peer lending site kind of fills this void.
lendingclub.com
Voluptates magni odio itaque assumenda. Ut optio sit enim eum qui et perspiciatis. Dolorum minus eos occaecati nisi. Ab nihil debitis sint minima repellat facilis voluptas quam. Dolores ab explicabo minus quia eligendi sint tenetur. Minus vitae ab ut reprehenderit laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...