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Expert Analysis

The Emergence Of P2P Loan Securitizations

Law360, New York (September 22, 2014, 4:12 PM EDT) -- This past year has seen an uptick in activity in the peer-to-peer commercial loan market in the U.S., which, broadly speaking, includes loans made by nontraditional financing sources to small businesses. Although there is no standard definition for what constitutes a P2P commercial loan, these loans can be as small as $10,000 but are typically less than $250,000. They are generally extended to borrowers who are either shut out of traditional financing sources or find such sources too time-consuming and instrusive or too costly....

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