Lending Crowd promises true disruption in New Zealand's P2P market by being the first company to offer SMEs an attractive solution for no fuss business loans to a maximum of $200,000. Like other P2P companies Lending Crowd is an online platform where people who want to borrow are matched with those who want to lend or invest. Lending Crwod's P2P platform will manage loans of between $2,000 and $20
0,000, all secured by either a registered vehicle or vehicles, a second security of residential or commercial property, or a combination of both. Wayne Croad, Managing Director of Lending Crowd, says the product is based on years of experience in the offline management of borrowing and private lending. "We know from experience business owners have a lot of frustration at the unnecessary bureaucracy when trying to access funds from big banks to purchase assets, obtain working capital or fund business expansion. Lending Crowd is aimed at easing this process". Lending Crowd is a financial technology company built on decades of experience in the finance and technology spaces. We combine some clever ideas with the latest technology to create and operate a marketplace where people with money to invest connect directly and anonymously with people looking to borrow. Because we're a technology company our marketplace operates very efficiently and we pass this on to both borrowers and investors with better deals than traditional finance channels can offer. What we do is elegant, clever and it works!
