Prosper.com is a peer-to-peer lending site where people put "auctions" for loans with the highest interest rate that they are interested in paying. Then users lend the borrower money in increments as small as $50. While, at first glance, about 75% of the postings are for "bail me out of credit card debt", there are a few small business startup loans, and those seem to have a quick response in being funded.
For Detail:http://www.prosper.com/
Tuesday, April 24, 2007
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