LendingClub

LendingClub is an online platform that connects borrowers seeking personal, business, or other loans with individual investors willing to fund those loans. Instead of going through a traditional bank, borrowers get access to loan options, often at competitive rates, while investors can earn returns by funding portions of multiple loans. LendingClub assesses borrower creditworthiness, pools investor money, and manages the loan process. It streamlines borrowing and investing, providing an alternative financing option that benefits both parties.