Finance Magnates<\/a> published an article forecasting that marketplace lending will drive business growth in 2017. Alternative lending is valuable not only for personal loans but for businesses seeking financing alternatives. As the author explains, \u201cP2P loans are unsecured, so you don\u2019t have to tie up precious collateral, the funding process is faster than a bank and requires less paperwork.\u201d<\/p>\n Reuters<\/a> explained new moves by traditional banks aiming to evolve into the P2P marketplace. \u201cFinancial technology vendor Misys is launching software to enable banks to provide peer-to-peer lending to their customers as competition from young companies in the sector heats up,\u201d explains the author. This comes amid growing interest in marketplace lending as an alternative to slower, conventional methods.<\/p>\n Equities.com<\/a> reminded investors to consider marketplace lending as a poart of their protfolio in 2017. Their research illustrates that \u201cEven taking the very conservative approach of investing in the highest-quality loans, you can still earn almost five times the 1.16% rate now available with the average one-year bank CD.\u201d This is certainly true at Bondora where 89% of investors have earned over 10% annually.<\/p>\n ValueWalk<\/a> provided a brief overview of how investors can manage marketplace lending. The author explains how diversification and analytic tools are the best ways to succeed. In this case diversification means holding many loans. Using tools means opting for new third-party programs which are available to investors who want to analyze P2P returns across firms.<\/p>\n
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