--- title: Peer-to-Peer Lending Fund Prime Meridian Income Fund Announces Positive Returns for 2013 description: Prime Meridian Income Fund, a peer-to-peer lending fund, released its 2013 returns reporting a profit of 9.89% net of fees and expenses.  Since its inception in May 2012, Prime Meridian Income Fund, which is managed by Prime Meridian Capital Management, has returned 20 consecutive months of profit without a single monthly loss—0.00% drawdowns. Peer-to-peer lending ... 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) # Peer-to-Peer Lending Fund Prime Meridian Income Fund Announces Positive Returns for 2013 February 5, 2014 Prime Meridian Income Fund, a peer-to-peer lending fund, released its 2013 returns reporting a profit of 9.89% net of fees and expenses.  Since its inception in May 2012, Prime Meridian Income Fund, which is managed by Prime Meridian Capital Management, has returned 20 consecutive months of profit without a single monthly loss—0.00% drawdowns. Peer-to-peer lending (P2P lending) allows individuals, start-ups, and entrepreneurs to request loans for everything from financing home repairs to starting or expanding a business on peer-to-peer lending web sites such as Prosper.com and Lending Club.  These web sites provide lending opportunities for those seeking a loan alternative to traditional banking and funding mechanisms such as venture capital and investors. They also provide investors an opportunity to generate potential returns equivalent to a bank or credit card lender while directly helping individual borrowers. Prime Meridian’s primary focus is the peer-to-peer lending space and it has developed a process and computerized algorithm that is designed to identify opportunities quickly, assess risk, and then capture attractive opportunities — attempting to spread risk and thereby increase the possibility of returns as demonstrated by its nearly 10% return in 2013. “Peer-to-peer lending funds are a way to invest in peer-to-peer lending without having to do the searching, research, and investing in each individual opportunity which can be time consuming and inefficient,” says Don Davis, manager of Prime Meridian Capital Management. “The Prime Meridian Income Fund offers a tested, convenient, and efficient vehicle for investors to take advantage of potential opportunities in the exciting and expanding P2P lending space.” Currently peer-to-peer lending makes up just over $3 billion of the $850 billion available market in consumer credit.  The growth in peer-to-peer lending is expected to explode in the coming years.  The recent adoption of the JOBS Act should also increase awareness and popularity of the peer-to-peer lending industry. To learn more about Prime Meridian Capital Management, Prime Meridian Income Fund, or for insight into the peer-to-peer lending market, 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 peer-to-peer (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 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. 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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" : "2024-07-19T17:31:52.645Z", "datePublished" : "2014-02-05T05:00:00.000Z", "headline" : "Peer-to-Peer Lending Fund Prime Meridian Income Fund Announces Positive Returns for 2013", "mainEntityOfPage" : { "@id" : "https://www.pmifunds.com/insights/peer-peer-lending-fund-prime-meridian-income-fund-announces-positive-returns-2013", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg" }, "name" : "Prime Meridian Capital Management" } } ```