Our mission is to build a robust, scalable, and secure infrastructure capable of quickly analyzing the risk profile of new loan applications and matching them with an appropriate lender.
FundThrough is proud to be the #1 marketplace lending platform in the U.S. and Canada serving business owners, offering the latest and greatest innovation in banking since the ATM.
Traditional lending institutions such as banks operate under a centralized decision-making structure with senior credit officers setting the guidelines that loan officers use to determine who will get a loan, and who will be turned away. By contrast, a marketplace lending platform like FundThrough is a decentralized system where each lender sets his or her own lending standards for peer to peer lending and marketplace lending, alike.
Marketplaces, and by extension, marketplace loans, are a natural evolution in financial services. Not only does peer to peer lending offer clear advantages to borrowers, but it also represents a critical improvement to the financial system. The last financial crisis demonstrated the danger of institutions that are “too big to fail”. Marketplaces, on the other hand, don’t hold a balance sheet, which shields the system from their risk passing through.
Because a peer to peer (P2P) lending marketplace facilitates the funding process between borrowers and lenders, limits can be adjusted as your borrowing needs change. The limit on your loan can be as high as your sales because the more you sell, the more you can borrow.
It can take 30 hours of work for a small business owner to complete a bank loan application, only to be denied – an increasingly common situation. A marketplace lending environment instead leverages technology to create a more positive and flexible lending experience.