New article in ‘Investment Executive’ magazine about CommunityLend
A new article about us from the perspective of lenders.
New service turns investors into lenders | Investment Executive
Toronto-based CommunityLend Inc. has launched an online lending service that allows accredited investors to make loans to consumers for profit. And although it offers no brokerage fee to advisors, CommunityLend pitches its services to investors as an alternative investment, comparing the return on consumer credit favourably vs returns on traditional fixed-income.
“This is a new investment class to the average — but reasonably sophisticated — investor,” says Colin Henderson, CommunityLend’s chief technology officer and co-founder.
