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