I've been receiving emails from LC about their "Additional Account Types", e.g. corporate accounts. Couldn't an investor living in a restricted state set up an LLC in a permitted state and invest that way? And I assume that would apply to the secondary market as well as new loans?
The last discussion of this on the forum was
way back in 2014.
This page says:
Corporate account
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An account opened in the name of a corporation or LLC. This type of account can be controlled by an authorized representative of the corporation. If you would like to open an account in the name of a corporation, please contact Investor Services at 1-888-596-3159 or
[email protected]
I think probably yes. I suggest you make sure you understand taxation of corporations before you do it.