with the purpose of creating financial engineering products and aid in innovative lending practices. We empower our users by providing lending solutions that simplify bank debt complexities with great ease. We do this by providing peer-to-peer loans to individuals and business loans to micro enterprises.
Peer-to-Peer lending or P2P lending is the lending of money by individuals - or peers like you and I, to individuals - without having to go through the traditional financial intermediary such as a bank or other financial institution. The basic structure of a Peer-to-Peer (P2P) loan is an unsecured personal loan made from a lender to a borrower, and facilitated by a P2P lending platform like PeerLend. P2P lending provides a new uncorrelated asset class for lenders and helps borrowers get quick hand loans at better interest rates.
Transactions are made based on mutual agreement between the borrower and the lender.
PeerLend ensures that all the borrowers and lenders are verified and their personal and financial data is well protected under strict guidelines of privacy.
With PeerLend, your rates for a loan will never go up, the application process is simple and fast, assuring you a smarter way to transact.
At PeerLend you shall become a part of a community of individuals ready to grow, save, sustain by getting better rates and earning better returns.