Lending Loop connects lenders with small businesses that are seeking capital. We screen loan application and assign a risk rating to the loan requests of creditworthy borrowers. Lenders can purchase securities in the form of notes that correspond to fractions of these loans. Lenders are able to select loans based on a wide array of criteria including risk rating. By purchasing notes corresponding to over 70 different borrowers, you may be able to diversify your portfolio of notes. As borrowers make payments on their loans, we credit your Lending Loop account with funds that can be withdrawn or further re-deployed.
Businesses gain access to the capital they need at fair interest rates, while lenders earn a return on their investment. Lending Loop provides a secure platform for these transactions to take place. We provide standard-form agreements, screen and review borrowers' applications and undertake collections in the event of default.
Lending Loop screens and assigns a risk rating, ranging from A+ through E, to creditworthy borrowers who apply for loans before listing them on the marketplace.
Lenders review loan listings and select loans in which to invest.
Borrowers make fixed monthly payments and investors earn interest on their investment as the principal is repaid.