Web 2.0 Solopreneur Site Of The Week: Prosper.com

Its like ebay, meets Lendingtree, meets match.com. Thats how I would describe Prosper.com where you can borrow up to $25,000 for your business-related needs. At Prosper, people who want to borrow money connect with people who want to loan money. That’s right, loans without a bank.

Why use Prosper?

Prosper is an online community where people come together for lending and borrowing money. Bidding on borrowers’ loans, lenders get great returns by offering great rates. And that means everybody does better.

Prosper has over 780,000 members and $166,000,000 in loans funded.

How does it work?

  1. Borrowers create a listing and set the interest rate they are willing to pay.
  2. Lenders place bids toward the loan.
  3. Bids with the lowest rates are combined into one simple loan to the borrower.
  4. Loan proceeds are deposited directly into your bank account.

Solopreneurs and Small Business people know that getting your business funded by traditional institutions like banks or even venture capitalist is not easy. Prosper gives us all another alternative to raising capital via the untraditional way of the Internet using Web 2.0 technology.

All the best

JB

About the Author
@jbrath

I am an Internet Technology Specialist.

I can create your website/blogsite using WordPress, connect it to all the social media/networking sites, and train you on how to use your website/blogsite more effectively. I can also speak to your business or professional association on this subject matter.

I specialize in making complex answers to most questions about the Internet plain and simple. There is no such thing as a dumb question.

I can coach/train you on how to manage your social media presence or if you prefer, I can maintain it for you.

No task is too small or too large if it leads you to more visibility and profitability.

My main objective is to be your “guy” to help you with all things Internet-related, so that you can focus on your priorities as a business owner.

Think of me as your Internet/Social Media expert team member that is ready to assist you behind the scenes, with the result of taking your business to the next LEVEL.

I work with a team of professionals that help me get the job done right the first time.

Contact us today for a quote.

404-287-0848 – Office

jeff@2thenextlevel [dot] com

Jeffrey Alexander Brathwaite, aka “JB” is an Internet technology specialist who trains business owners on how to use web strategies to increase their customer base and boost their productivity and profit potential. He is CEO of 2 The Next Level, a web-based technology solutions firm that serves small and medium-sized business clients with ongoing technical, training and Internet marketing communications support.

JB’s Extended Bio

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  • http://www.colderice.com john

    Check the risks just like you do with anything. It does have some and you just need to be educated on the process…start slow and work your way up

  • http://www.200westmain.com Henrietta

    One of the major advantages to the solopreneur would be not having to part with a share or even control of your business which is the way venture capital works. For lenders it spreads the risk, win : win situation.

  • http://www.200westmain.com Henrietta

    One of the major advantages to the solopreneur would be not having to part with a share or even control of your business which is the way venture capital works. For lenders it spreads the risk, win : win situation.