LendingClub Partners With Google on Small Business Loans
Shortly after a successful initial public offering, LendingClub today announced a new channel partner program with Google that will expand its reach into small businesses.
While the vast majority of LendingClub’s loan origination are focused on individuals, a relatively untapped market is small business lending, which only currently accounts for 2 percent of the company’s loans. That could change soon as an early stage investor in LendingClub, Google, will offer LendingClub’s services to . . .
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