3 ms·
Sort of like Kiva, but for small businesses and startups in the U.S.
by cb33 18y ago
Sort of like Kiva, but for small businesses and startups in the U.S.
- catone 18y agoLike Kiva for small businesses in the US... as in, kind of like Prosper, Lending Club, Zopa, etc?
- cb33 18y agoProsper,Lending Club and Zopa are not focused on small businesses and startups. That is the market that we want to capture. There is no clear leader in the p2p lending industry, especially when it comes to small business loans.
- aditya 18y agoI see. But if all you want is money, why not go to a bank and ask for a credit line? The one charm and appeal of programs like YC is that it is 'smart' money: advice, network, etc.
- cb33 18y agoWe can offer lower interest rates than banks and when you pay back that interest, it's going to lenders who are just regular people. Ideall is not just about getting you the money you need to get your idea off the ground, but also gives your startup an online home when it comes to promoting your idea.