New Non-Traditional funding source

[mikejohn]

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Wacky but true……Christian comedy club gets loan from website within 48 hours and site is looking to loan more $ for start-ups like these. https://us.zopa.com/co/AboutMe.aspx?Id=18

 

[xanthines]

Interesting. CNN had them on one of their big ideas list, or something like that. Anyone have experience with them? I'm curious as to how credit reporting works with them, as in are they an installment or revolving account. I also wonder if anyone has any data on default rates (you can invest money with them, which is part of their big idea).

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