Bring in Money with P2P Lending

651
-1

Published on

Bring in money with P2P Lending. Using sites like Prosper and Lending Club you too can leverage the opportunity to borrow cash from people willing to lend you their money. Get our free online course https://www.udemy.com/peertopeerlending/

Sign up for our INVESTyR Daily Insider Newsletter: http://eepurl.com/IbP31

INVESTyR’s Facebook: https://www.facebook.com/INVESTyR

INVESTyR’s Strategic Finance Blog: http://www.investyr.com/blog/

INVESTyR’s ONLINE COURSES AND PRODUCTS:
Agile Financial Modeling http://bit.ly/1cYP4rC
Throw Away Your Pitch Deck! http://bit.ly/1dQo7aN
How to Hack an Investors Brain http://bit.ly/18aOvaG
The Quick and Dirty on Videos that Move Money http://bit.ly/1bdTEzz
Me and Your Money: P2P Lending Revealed http://bit.ly/1aavrfU
Use Crowdfunding to Raise Money http://bit.ly/HJnR2D
Raising Capital with Ease: AngelList and Gust http://bit.ly/1fmJgcS
Influence Investors: Secret Twitter Tactics for Fundraising http://bit.ly/13ZzDJ6
Learn How to Find Investors Quickly! http://bit.ly/16962Cy
Use LinkedIn to Find Investors http://bit.ly/12C1waX
How Do I Set My Startups Valuation? http://bit.ly/1hQmEnn
How Much Money Should You Raise? http://bit.ly/1fmJ6lR
Successful Fundraising: The Roadmap to Money http://bit.ly/18aO8gh
Assemble an A+ Advisory Board http://bit.ly/12C1IHk
Find & Assemble a DealTeam http://bit.ly/12C1EXZ
Fundraising Masters: The Ultimate Resource to Raising Money http://bit.ly/ZO7kx5

RECOMMENDED RESOURCES:
Google Hangout based Entrepreneur Pitch Clinic: http://bit.ly/17HgIvb

Google Hangout “Fundraising in the Digital Economy” Presentation: http://bit.ly/1epTX0A

VELOCITY TRAINING PROGRAM (12 week intensive training): Coming soon!

Published in: Business, Economy & Finance
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
651
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
31
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Bring in Money with P2P Lending

  1. 1. Peer-to-Peer "P2P" Lending
  2. 2. Course Objective To understand why and how to use Peer-to- Peer Lending platforms.
  3. 3. Key Learning Outcomes ● Building Winning Profiles ● Best Practices ● Pros & Cons of Using P2P ● Understand how to use P2P Platforms to Bring in Short Term Capital ● Use The Platforms as a Way to Build Credit
  4. 4. Why P2P Lending is Important ● Secure quick loans ● Tool to learn about borrowing money ● Provides a new financial medium ● An easier platform to get loans ● Fewer middlemen ● Good alternative to bank financing ● Unsecured Loans: No Collateral Required ● A way to build credit
  5. 5. Unprecedented Access to Capital ● People have borrowed from banks for a long time. The value of the banking system has decreased because you can now find the same small loans with lending sites. ● Real investors are on these sites ● Real investors want to find deal prospects ● Opportunity to build rapport with investors
  6. 6. Typical Criteria ● U.S. citizen or permanent resident ● Valid bank account ● Minimum FICO score ● Minimum Debt-to-income ratio ● Minimum loan: $1,000 ● Maximum loan: $35,000 Average interest rate is 12%; Range of interest rates: 7% to 30%; three-year loans with no prepayment penalties
  7. 7. Building a Robust P2P Profile ● Quality Picture(s) ● Use headline to demonstrate passion ● Describe capabilities to best position yourself ● Be specific on use of the money
  8. 8. P2P Lending & Startups Debt can be a difficult burden to bear for a start-up company and it is encouraged that you find funds elsewhere first.
  9. 9. FAQ'S Why do P2P instead of borrowing from a bank? ● Banks require collateral ● P2P loans are often made because of an emotional hook
  10. 10. FAQ'S Pros & Cons of P2P Lending? Pros ● Good return for investors ● More options for borrowers ● Fewer hurdles than traditional banking Cons ● Limited maximum loan amount ● Fees
  11. 11. FAQ'S At what point am I ready to put my profile on any of these sites? Be prepared. Make sure you do your homework and your application material is as complete as possible. The better prepared you are and better you present yourself, the more likely you are to have success.
  12. 12. Next Steps ● Join our Master Fundraising Course ● Join us now for 50% off ● "FAN" www.udemy.com/raisemoneyusingdigitalmedia/ ● Feedback: Jason (at) INVESTyR.com
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×