Thanks to VentureBeat for this post on person-to-person loans. This is a mainly-Internet phenomenon that could have impact on small business financing. I’m intrigued with the idea myself, wondering what they’re doing about legal implications, risk management, and other lending concerns.
VentureBeat » Prosper raises $10M to assert lead in person-to-person loans
Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry.
