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LendingArch

News RoundupNorth AmericaOnline Lending
·Mar. 6, 2017

LendingArch Launches Online Loan Solution for Medical Expenses

Canadian online lender LendingArch is building out its financing capabilities with the launch of a new solution for medical expenses; the company seeks to provide financing solutions for debt consolidation, home improvement and other areas of personal growth; the medical expenses product will broaden the firm's scope and help support consumers in managing out of pocket medical expenses; customers can access the loan solution individually or at a clinic location; the platform's loans allow for immediate payment to clinics and offer financing terms ranging from 12 months to three years.  Source

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News RoundupNorth AmericaOnline Lending
·Apr. 7, 2017

NewOak Partners with LendingArch for $2bn Investment

NewOak will invest up to $2 billion in loans originated by Canadian online lender LendingArch over the next three years; NewOak will also make a significant contribution to the strategy of the firm; the New York-based asset management and institutional advisory firm will take an advisory role with LendingArch supporting its business development and capital markets strategies.  Source

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Peer to Peer Lending
·May. 18, 2017

A Review of the Biggest Allocations to Consumer Lending Platforms

With worldwide rates continuing to stay low investors continue to look at alternative fixed income assets to earn larger returns....
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