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July 16, 2009

Peer-to-peer lending sites like Prosper and Lending Club: Are they the competition?

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Ray Fisman posted this article in Slate Magazine: It’s Like eBay Meets Match.com. I share it with you because it makes sense to know something about the alternatives to bank financing available to your customers. And the perils thereof.

Meanwhile, Pere Mageo, the SBA Credit Administrator at Pacific Capital Bank tells me the thawing of the SBA secondary market is starting to have an impact. Wonderful!

Maybe we can get back to business lending?

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Linda Keith

Linda Keith is an expert in credit risk readiness and credit analysis training. She trains financial institutions throughout the United States on both Tax Return and Financial Statement Analysis.
She is in the trenches with lenders, analysts and underwriters helping them say "yes" to good loans.
She moved her in person training online in 2008 to www.LendersOnlineTraining.com with a continued focus on lending to businesses, farm operations and complex individual borrowers.

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