Online MarketPlace Lenders

There is a new Sheriff in town! They are the new online marketplace lenders. They have stepped in to fill the void of lending to small businesses, a mostly profitable but very risky niche that most banks do not cater too anymore. Can Capital, Kabbage, Lending Club, and OnDeck are currently the top four online marketplace lenders. This niche is developing rapidly but is struggling to adapt to a constantly changing regulatory environment. Here is short video interview on the industry on Bloomberg News.

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Posted by ThrushyMedia