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- Londinense (0%) (bidder)
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((( NEW))) Peer to Peer Lending - Social Finance
Social Network Lending
- Listed: Wed, 20 Feb 2008 03:13:09 GMT
Description:
New person to person lending business for sale.
P2P lending or social lending website allows people to pool their funds together and lend them to a borrower.
http://sociallendinggroup.comSocialLendingGroup.com enables people to help people via person too person lending. A new report released by Javelin Strategy & Research closely examines the recent growth of person-to-person lending (P2P) and reveals its primary users, their motivations and the potential impact on banks. Javelin predicts that the demand for person-to-person lending services to pay off credit card debt may grow from $38 billion to $159 billion over the next five years.
The main consumer groups turning to person-to-person lending are young adults and higher income groups. Both consumers age 25-34 and those with incomes over $150K are equally willing to offer or accept person-to-person loans.
We see a surge in popularity among younger consumers because theyre accustomed to interacting in the social media space and also used to transacting online, said Jean Garascia, an analyst with Javelin Strategy & Research. Those two factors, plus their desire to help others, make person-to-person lending very appealing.
Website domain name and hosting included. Complete business.
Domain name: SocialLendingGroup.com renewal Feb 2009 - Godaddy Registered
Website has not traffic. New site.
-Buyer can set flat rate fee for each time a loan is funded. Or charge a membership fee.
-Ongoing free technical support for 30days after the sale if needed.
-No programming knowledge required to run this website.
- Search Engine Submission and SEO work included
- Press Release and site promotional banners included
- Comes with a marketing plan and market research
Very rare business could become extremely profitable in time.
Fewer than 5 similar businesses currently exist each of them have revenue exceeding $1million per year.
Because this is a new model I'm willing to do additonal programming if buyer can think of added features to improve it. (Limited to 15 programming hours)
Starting bid price $500
Auction ends in 7days (Tuesday Feb 26th)
BIN PRICE - $2500
Send a PM with any additional questions. Thank You
Post a request in the thread to receive admin demo.
I'm interested in the site, but I have a few questions.
For example, were is the income going to come from? Adsense?
Besides, in "The Loan Cycle", it talks about the organization KIVA. Is there any actual relation between Kiva and the Social Lending Group? Is Kiva aware of this? Thanks.