Banking 2.0- A New Source of Funds For Small Businesses
The Person-to-Person (P2P) lending marketplace is an exchange where outsiders are allowed to lend at market rates and anyone who passes the underwriting is allowed to borrow. This space has grown in part due to the tightening of the conventional credit markets. Forbes recently posted a fantastic overview in their Entrepreneur’s Guide to Person-To-Person Lending Sites for those interested in seeking funds in the P2P marketplace.
A quick question for any well-informed IE reader, is there a site that offers P2P services to non-profits or social enterprises with lower service fees and interest rates?
