Re:Kiva Now Allows You to Lend to US Small Businesses
by robg on Wednesday June 10, 2009 @08:27PM
(#652072)
What are the regulatory obstacles to running a business that does offer a small return? I have to assume there are some, no, or else you get loan sharks.
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Re:Kiva Now Allows You to Lend to US Small Businesses
by callmeed on Wednesday June 10, 2009 @08:55PM
(#652105)
That's what Prosper was doing but the SEC forced them to temporarily stop lending and jump through more hoops.
http://www.techcrunch.com/2008/11/26/sec-outlines-its-reason...
I'm not sure where they sit now, but when you browsed Prosper you could find people requesting loans for business (not just personal items like cars).