Weemba Reports Growing Number of Personal Loan Requests
(firmenpresse) - MIAMI, FL -- (Marketwire) -- 10/24/11 -- As Weemba's community of borrowers and professional lenders continues to rapidly expand, the company reported today a surge in requests related to a range of secured and unsecured personal loans, including new opportunities in niche health care loans and other consumer lending. Approximately 55 percent of current loan requests fall into this category, followed by 12 percent related to small business financing; 12 percent auto, motorcycle and other vehicle loans; 10 percent mortgage and home improvement; 9 percent auto loans; 6 percent student loans; and 5 percent lines of credit.
"Weemba is an open platform that let's any individual or business post a loan need for professional lenders to evaluate, and while we are seeing a wide cross-section of requests, it's clear many consumers right now are looking for a help meeting certain household costs such as medical, dental, and veterinary expenses," said Annette Gallagher, CEO of Weemba. "There is a tremendous opportunity for the lenders in this space to step in and meet this need."
Since launching the site four weeks ago, Weemba has attracted more than 150 loan projects with an average loan value of $37,000.
Using state-of-the-art safeguards, verified borrowers can create a profile and post a project with the goal of obtaining financing from one of the many professional lenders registered in Weemba.(1) Borrowers can upload images, videos and files that support their loan projects to better showcase their needs and eligibility. The Weemba platform allows every borrower's project to be seen by many lenders at one time.
Lenders use Weemba's powerful search engine to filter posted projects by credit score, income, annual sales and much more, so that professional lenders can find the projects that best suit their needs.
On Weemba, borrowers never pay a fee and remain in complete control of their information. Lenders must ask for authorization to see a borrower's private information and borrowers can grant or reject those requests as they wish. Lenders have no membership fee, down payment, minimum purchase requirements or software to install. Lenders only pay a fee when they receive authorization to view a prospective borrower's complete profile.
Weemba () revolutionizes the way borrowers and professional lenders connect via an online financial platform. Weemba provides, by means of unique proprietary methods and state-of-the-art safeguards, a virtual way for borrowers to post their needs and for lenders to then find those borrowers. Protected by a nickname, borrowers post project profiles for lenders to review; interested lenders ask borrowers to access their private information, and if granted access, can contact borrowers directly. Weemba facilitates the borrower-lender interaction without interfering in the negotiation process.
(1) All borrowers and lenders must undergo a third party, automated online identity validation process. The multi-step process includes a database information check and personal history questions, an email validation and an ACH transfer which must be correctly reported back to the website.
Media Contact:
Sue Parente
Tier One Partners
781-642-7788
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 24.10.2011 - 13:15 Uhr
Sprache: Deutsch
News-ID 79333
Anzahl Zeichen: 0
contact information:
Town:
MIAMI, FL
Kategorie:
Retail Banking
Diese Pressemitteilung wurde bisher 170 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Weemba Reports Growing Number of Personal Loan Requests"
steht unter der journalistisch-redaktionellen Verantwortung von
Weemba (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
