Lenme Description
Lenme, a peer-topeer lending platform, connects borrowers looking for quick personal loans and cash advances to financial institutions, lending businesses and individual investors who are interested in the smaller lending market. Lenme, by leveraging technology, eliminates unnecessary costs and provides borrowers with transparent, immediate access to capital. Lenders can also benefit from the same data and tools that are typically available to large institutions. Borrowers are able to request loans from $50 up to $5,000 with a simple 3-click process. They specify the desired amount and repayment term. Lenders compete to offer the best interest rates, regardless the borrower's score. Lenme gives investors access to more than 2,000 data points about each borrower. This includes credit reports, bank data, income and payment history.
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