Interesting concept. There's a lot of individuals trying to consolidate credit card debt, but there's a business loans category too.
Quote:In addition, our current ad template system is in need of a an overhaul so that we can make global changes to our advertisements quickly to adapt to a contantly-evolving selling environment.
He bawled about the high cost of changing his template last summer when he was defending Ethical Tools too. He could change that unprofessional looking template by himself in a few minutes for free.
http://www.prosper.com/public/lend/listi...tingID=171
Oh joy, joy, it's one of my favorite PeSA/Voices members DooDooOnYou (very good seller...excellent seller in fact. I just have a huge problem with his belief that PeSA members deserve to have the playing field tilted in their favor).
Quote:We have chosen a PSP, Infopia, and have hired aGenius Marketing to help with the transition. Work will be completed by the end of March, and must begin immediately.
Question: Why do they need to hire someone to help with the switch from Selling Manager Pro to Infopia? They have 827 items listed in their store. Oh well, they're the ones wasting their money by hiring someone else to do it. End of snide comments.Â
It is good to see that online businesses can apply for small loans at Prosper.com though. The interest rates are sure a lot better than the alternative method of funding many small businesses use--financing their startup phase with credit cards. The loans must be repaid in 3 years...Â
A new auction site I actually like and that I think has a chance to succeed.Â
Quote:It is good to see that online businesses can apply for small loans at Prosper.com though.
Yeah. Now does someone want to explain their whole groups thing to me very slowly.
Update: credit crisis hits Prosper
Quote:...this so-called peer-to-peer lending, which until recently seemed that it might offer a reliable source of money in this calamitous economic environment, is now experiencing a squeeze of its own.
On Wednesday, the nations largest peer-to-peer lending site, San Francisco-based Prosper, stopped allowing lenders to make new loans, saying it needed to wait while the Securities and Exchange Commission evaluated its regulatory filings.
Monthly loan volumes at the company have been declining since the credit crisis worsened this spring. Prosper, which is unprofitable after raising $40 million in venture capital, now faces the damaging possibility that lenders may take their money off the site instead of waiting for the S.E.C. to allow lending to resume. That could take several months...
full article:
http://www.nytimes.com/2008/10/16/techno....html?_r=1&oref=slogin