Funding Circle Unveils New Risk Tier: A Win-Win For Small Business And Investors
Funding Circle, the world’s largest peer-to-peer lender exclusively focused on small businesses, today announced it will introduce a new risk tier that will allow the company to serve a quarter more of its U.S. small business loan applicants.
“While many investors are currently going farther out on the risk spectrum chasing yield, we have discovered that Funding Circle loans actually reduce portfolio risk in our P2P lending portfolio,” said Don Davis, managing partner of Prime Meridian Income Fund. “The new risk tier offers further diversification with attractive, secured prime loans that meet our guidelines.”
Read full press release at www.prnewswire.com
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