--- title: P2P Lending Fund Prime Meridian Announces 25 Consecutive Months of Profitable Returns description: Prime Meridian Income Fund, a P2P (peer-to-peer) lending fund, released its May 2014 returns marking its 25th consecutive profitable month without a single monthly loss (no drawdowns) for a total return of 21.37% since its inception in May 2012, as compared to a total return of only 4.59% for the Barclay’s US Bond Index over ... Read More --- [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg)](https://www.pmifunds.com/) [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-white-logo.svg)](https://www.pmifunds.com/) - About Us - [About Us](https://www.pmifunds.com/about) - [Recognition & Awards](https://www.pmifunds.com/awards-recognition) - [Team](https://www.pmifunds.com/team) - Our Strategies - [Investment Strategies](https://www.pmifunds.com/strategies) - [Special Opportunities Fund](https://www.pmifunds.com/special-opportunities-fund) - [Income Fund](https://www.pmifunds.com/income-fund) - [Non-Performing Loan Fund](https://www.pmifunds.com/npl-fund) - Insights - [Insights](https://www.pmifunds.com/insights) - [Events](https://www.pmifunds.com/events) - [Videos & Podcasts](https://www.pmifunds.com/video-podcast-resources) - [Contact Us](https://www.pmifunds.com/contact) [Contact Us](https://www.pmifunds.com/contact) # P2P Lending Fund Prime Meridian Announces 25 Consecutive Months of Profitable Returns June 18, 2014 [Prime Meridian Income Fund](https://www.pmifunds.com/prime-meridian-income-fund-2/), a P2P (peer-to-peer) lending fund, released its May 2014 returns marking its 25th consecutive profitable month without a single monthly loss (no drawdowns) for a total return of 21.37% since its inception in May 2012, as compared to a total return of only 4.59% for the Barclay’s US Bond Index over the same time period. P2P lending allows individuals to request loans by posting them on a P2P lending web site such as Proper and Lending Club. Funding is received directly from individuals or organizations bypassing traditional lending institutions such as banks. The P2P lending industry has shown incredible growth in the past year with Prosper reaching $1 billion in loans issued; a landmark in the less than 10-year existence of the P2P lending market. “We were an early believer in the potential of P2P lending, and created the Prime Meridian Income Fund as a vehicle for professional investors to participate in this innovative space,” says Don Davis, managing partner of Prime Meridian. “As one of the first P2P lending funds in the United States, we utilized our experience and knowledge to create a P2P lending process and computerized algorithm designed to identify opportunities, assess risk, and capture attractive opportunities quickly.” The high interest in P2P lending by individual lenders and institutions has created a shortage of P2P loan opportunities compared to the demand. The Prime Meridian Income Fund is one of the first funds able to execute P2P loans using automated technology. Prime Meridian has some great resources to educate investors on P2P lending on its website—[P2P Lending blog](https://www.pmifunds.com/p2p-lending-blog/)as well as the white-paper, “[P2P Lending for Institutional Investors and Wealth Managers: An Overview,](https://www.pmifunds.com/p2p-lending-institutional-investors-wealth-managers-overview/)” available for download as a PDF at [www.pmifunds.com](https://www.pmifunds.com). To learn more about Prime Meridian Capital Management, Prime Meridian Income Fund, or for insight into opportunities in P2P lending, visit [www.pmifunds.com](https://www.pmifunds.com) or contact Don Davis at 925-362-8510. *This material is qualified in its entirety by the information included in the confidential offering documents and supplements (collectively, the “Memorandum”) of Prime Meridian Income Fund, LP (the “Fund”) described herein. Any offer or solicitation of an investment in the Fund may be made only by delivery of the Memorandum which contains important information concerning risk factors, including a more comprehensive description of the risks and other material aspects of an investment in the Fund. The Fund is only open to investors fitting the definition of an “accredited investor” as that term is defined under Rule 501 of Regulation D of The Securities Act of 1933. The past performance is not indicative of future results. An investment in the Fund, like all investments, contains risk including the risk of total loss.* **About Prime Meridian** Prime Meridian Capital Management is an investment management firm specializing in online P2P lending strategies. Its flagship Prime Meridian Income Fund is designed to provide investors low cost access to short-duration, high yield loan portfolios by taking advantage of the efficiencies in the burgeoning P2P lending market. For more information contact Don Davis at 925-362-8510 or visit [www.pmifunds.com](https://www.pmifunds.com). Prime Meridian Capital Management is an affiliate of Novus Investments, an alternative investment management firm. [Return to Insights](https://www.pmifunds.com/insights/) ## Subscribe today to receive our latest News & Insights! Receive our latest stories delivered monthly directly to your inbox. [Subscribe](https://www.pmifunds.com/insights/p2p-lending-fund-prime-meridian-announces-25-consecutive-months-profitable-returns#popup-00) ## Subscribe Now **Please fill in the required fields below.** ![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/branding/pmifunds-gray-logo.svg) 2121 N. California Blvd, Walnut Creek, CA 94596 - [About Us](https://www.pmifunds.com/about) - [Our Team](https://www.pmifunds.com/team) - [Recognition & Awards](https://www.pmifunds.com/awards-recognition) - [Investment Strategies](https://www.pmifunds.com/strategies) - [Income Strategy](https://www.pmifunds.com/income-fund) - [Special Opportunities Fund](https://www.pmifunds.com/special-opportunities-fund) - [Non-Performing Loan](https://www.pmifunds.com/npl-fund) - [Insights](https://www.pmifunds.com/blog) - [Press Releases](https://www.pmifunds.com/blog) - [Contact Us](https://www.pmifunds.com/contact) © 2026 Prime Meridian Capital Management - [Privacy Policy](https://www.pmifunds.com/hubfs/Resources/pmcm-privacy-policy.pdf) - [Japan Regulatory Disclosures](https://www.pmifunds.com/japan-regulatory-disclosures) This material is being provided for information and discussion purposes only and any discussion of any funds is qualified in its entirety by the information included in the confidential offering documents and supplements (collectively, the “Memorandum”) of Prime Meridian Income Fund, LP, Prime Meridian Special Opportunities Fund, LP, and Prime Meridian NPL, LLC (the “Funds”) described herein, and is not intended to be, nor should it be construed or used as investment, tax or legal advice or an offer to sell, or a solicitation of an offer to buy, an interest in the funds, or any other security. Any offer or solicitation of an investment in the funds may be made only by delivery of the Memorandum. Before making any investment in the funds, you should thoroughly review the Memorandum with your professional advisor(s) to determine whether an investment in a Fund is suitable for you in light of your investment objectives and financial situation. The Memorandum contains important information concerning risk factors, including a more comprehensive description of the risks and other material aspects of an investment in the funds, and should be read carefully before any decision to invest is made. The funds are only open to investors fitting the definition of an “accredited investor” as that term is defined under Rule 501 of Regulation D of The Securities Act of 1933. An investment in the funds, like all investments, contains risk including the risk of total loss, and may not be appropriate for all investors. Any performance information shown on this website is presented net of all expenses, including management fees, performance fees and other expenses including portfolio-related expenses. Returns assume the reinvestment of all capital (including distributions where applicable) on a monthly basis. The performance data represents composite fund returns, and individual investor returns may vary higher or lower from the composite return due to timing of an investment and actual fees being charged. Past performance is not indicative of future returns. Any awards or other rankings listed on this site are not indicative of future performance.  These awards or any other rankings and/or recognition by unaffiliated rating services and/or publications should not be construed as a guarantee that an investor should or will experience a certain level of results or satisfaction if they invest with Firm, nor should it be construed as a current or past endorsement by any of our investors. Firm did not pay a fee to participate in these awards or ranking surveys. In addition, any projections contained on this website (including targeted returns, opinions, estimated fees, predictions or expectations about any future event) are based on a variety of estimates and assumptions by Prime Meridian Capital Management, including, among others, estimates and assumptions regarding future operating results, the value of assets and market conditions at the time of investment and disposition, interest rates, and other realization events. Performance estimates and underlying assumptions are inherently uncertain and are subject to numerous business, industry, market, regulatory, geo-political, competitive and financial risks that are outside PMCM’s control. There can be no assurance that the assumptions made in connection with any projections will prove accurate, and actual results may differ materially, including the possibility that an investor may lose some or all of any invested capital. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Prime Meridian Team", "url" : "https://www.pmifunds.com/insights/author/prime-meridian-team" }, "dateModified" : "2024-07-19T17:59:51.088Z", "datePublished" : "2014-06-18T04:00:00.000Z", "headline" : "P2P Lending Fund Prime Meridian Announces 25 Consecutive Months of Profitable Returns", "mainEntityOfPage" : { "@id" : "https://www.pmifunds.com/insights/p2p-lending-fund-prime-meridian-announces-25-consecutive-months-profitable-returns", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg" }, "name" : "Prime Meridian Capital Management" } } ```