BorrowersFirst has secured $100 million in new debt funding from Waterfall Asset Management; firm will use the funding primarily to support lending volume growth for its online consumer loan business; firm funds its loans through on-balance sheet debt facilities and whole loan sales with originations by Cross River Bank. Source
The two main p2p platforms in the U.S. have split personalities. They have to because they are catering to two...
I first wrote about BorrowersFirst eight months ago when I spent a day in their New York offices. They expected...