Besides the recent FED increases in the interest rates and LC adjustment, is there any known reason why the stock price of LC has gone down a lot in the last month? Is the market thinking that the quality of the loans is going to worsen so we will have more non-performing loans? Any theories?
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Investors - LC / Volume of small business loans
September 17, 2015, 11:00:00 PM
Hi folks,
LC says it offers business loans up to 300K but browsing the current notes being offered there are only 4 loans in the funding process that are small business loans and their amounts range from 15K (B1 grade) to 34K (F2 grade). I'm curious to know why there are so few business loans? Are there big business loans that LC does not make available to the investing platform? Any ideas?
Sergio
LC says it offers business loans up to 300K but browsing the current notes being offered there are only 4 loans in the funding process that are small business loans and their amounts range from 15K (B1 grade) to 34K (F2 grade). I'm curious to know why there are so few business loans? Are there big business loans that LC does not make available to the investing platform? Any ideas?
Sergio
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