We’re often asked how we decide which clients are first in line to buy the best loans, since there is a limited loan volume with each issuance.
The basics of investing are well known.
“We’re usually looking for high-upside, grand slam investments with IRRs of 30-40% and more,” said Mike Wohl, Investment Manager of Otter Consulting, a South Florida single-family office.
LendingRobot’s “Fully Automated” mode utilizes our machine-learning algorithm to intelligently identify and buy loans.
There have been a lot of changes since Marketplace Lending was introduced in 2006, but since surviving the financial crisis of 2008 and SEC scrutiny in 2008-2009 it’s clear that Marketplace Lending is an asset class that is here to stay.