Peer to peer lending is all the rage these days – as it should be. The borrower gets access to much needed capital within days at lower rates than possible via some “other” methods AND there is no trip necessary to your local bank branch. When is the last time you were excited to visit the bank?
For the lender you can generate a diversified portfolio of P2P assets (or P2B) and generate much higher risk adjusted returns. Again – no trip to the bank necessary. Now unless you are in love with CDs or your local bank teller (always a possibility) peer to peer lending is the way to go.
InvestNextDoor, a new peer to peer lending startup founded by two enterprising women, has created an infographic on their top ten reasons why accredited investors should be adding P2B lending to their portfolio. This correlates with their belief that;
“[This] is a concept LONG overdue. Small businesses can borrow at rates better than at the bank and investors can earn more interest than at the bank. It’s definitely a win-win for both parties.”