Lending Club Blog

WebCast Recap: Introducing 5-year Notes (with Slides)

On May 11th, Lending Club unveiled its new product offering, 5-year Notes, to our fast-growing financial network, rapidly capturing the attention and interest of investors.  Within a few days, the loan inventory doubled and our investors instantly had more Notes to choose from to invest.  These Notes represent 60-month loans made to creditworthy borrowers under the same stringent credit policy that has made our site an attractive investment. In today’s webcast, I shared more about 5-year Notes and the benefits they provide to investors:

  • More investment options,
  • Greater control, and
  • The opportunity to earn more interest while diversifying across terms.

Sam Kasle, our Sr Director of Investor Marketing, and I also provided a quick overview of Lending Club and how peer investing works, an update on Lending Club’s growth and performance, and a walk-through of investor tools.  You can go through our slides at your own pace:

Visit our events page to sign up for any of our upcoming WebCasts.

@robgarciasj Follow        me

Thursday, May 27th, 2010 at 6:14 pm

Comments (4)

  1. Dalziel:

    Interesting stuff, all current investors should take a look. Do you
    have statistics on projected default rates for these new notes?
    Thanks

    June 10th, 2010 at 5:23 pm

  2. Losins:

    Hmmm… Lots to consider. I’m going to think about these notes. It
    will definitely expand options to invest in peer lending.

    June 10th, 2010 at 6:17 pm

  3. Janette Bardo:

    I thought this WebCast was extremely helpful to understand the
    benefits of investing in 5 year loans. Thanks for publishing the
    slides.

    June 10th, 2010 at 10:09 pm

  4. hdavidson:

    I didn’t quite understand 5 year loans. But when I checked it out a
    fourth time, it became clear that the benefits are potentially
    higher rates. Something to think about.

    June 11th, 2010 at 12:00 am

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