Strong Rebound Predicted for Online Lending in 2021

According to a report published by S&P Global,  U.S. online originations are anticipated to rebound from 2020 and increase online origination volumes over 20%.  “Lenders that have survived the storm will stand on stronger footing in 2021, as economists expect a strong rebound in economic activity this year, bolstered by the rollout of COVID-19 vaccines that allow economies to move closer to fully reopening.  The resumption in business activity is expected to lead to considerable job gains and move unemployment closer to normal levels.”



To Read More Here.



Prime Meridian Capital Management is an investment management firm specializing in online Peer to Peer (P2P), marketplace lending, and specialty finance strategies.

For more information on Prime Meridian, please contact us.



Subscribe today to receive our latest News & Insights!

Receive our latest stories delivered monthly directly to your inbox.

Subscribe Now