White Label Crowdfunding client, eMoneyUnion, has launched a new product, an 11% yield secured loan.
Lee Birkett, founder and MD, explains more about the underwriting process involved to get the loan to this stage on his blog.
If you’re thinking of entering the personal loans market, you might be interested in the steps Lee has taken as an experienced operative. Crucially, he is trying to manage the expectations of his lenders and gain their trust through transparency, arguably the biggest challenge for any peer-to-peer lending platform.
Good luck Lee!