i had been experimenting with prosper for some time, but they've been essentially closed to new funding due to some sec quiet period, so i've just signed up with lending club. the two are fundamentally the same, but here's an interesting thing to note with lending club -- you can fund your loans via credit card! that's just amazing if you ask me.
anyway, if you are interested in signing up and want to take advantage of a $25 bonus, click here.
Sunday, December 28, 2008
p2p lending
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We really enjoy lending to entrepreneurs through kiva.org. So far we have been able to fund three different people and their business ideas in developing countries. You may want to check the site out, it's a lot of fun.
Also check out 40billion.com, which focuses on entrepreneurs and helping them to raise money for their small businesses through friends and family, rather than through traditional financial institutions. It is the first friends-and-family funding network for entrepreneurs.
Entrepreneurs connect with their social networks - friends, family, friends of family, colleagues, and others – to raise capital by requesting loans and contributions, and entrepreneurs can share their fundraising pages on MySpace, Facebook, and LinkedIn too.
http://www.40billion.com
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