Have You Heard of Peer-to-Peer Lending?

Have you tried getting a small business loan from a bank for your freelancing career only to be turned down? You are not alone.

Some freelancers who need access to cash have turned to something called peer-to-peer lending. It’s an interesting model that both Prosper and Lending Club, the two leading peer-to-peer websites, are using. Here’s how it works.


via freelance switch