Prime Meridian has expanded its offerings by moving into the small business P2P lending space with the Prime Meridian Small Business Lending Fund, which provides investors direct low cost access to short-duration high yield, collateralized loan portfolios from creditworthy small business owners that produce consistent returns. This fund lets investors participate in the enormous and profitable online/P2P credit market that has previously been the exclusive territory of a few big banks. The objective of the fund is to outperform on a risk adjusted basis other lending and fixed income portfolios by using a dedicated API with proprietary credit algorithms to overweight the best risk/reward loans in a broadly diversified portfolio.
The Prime Meridian Small Business Lending Fund is currently open to accredited institutional and individual investors.
For more information regarding the Small Business Lending Fund, contact us.