Dealstruck CEO to Present on Small Business Term Lending at LendIt 2014
May 5, 2014 - SAN FRANCISCO, CA
Online crowdlending provider Dealstruck, Inc announced its CEO Ethan Senturia will serve on a panel, "Small Business Term Lending," at the second annual LendIt Conference at the Hilton San Francisco Union Square, May 4-6, 2014. The company will also demo its enhanced investor portal, launched at Finovate2014.
"Last year's inaugural LendIt was such a success," said Senturia. "I look forward to discussing to the needs of small businesses, as well as the resources available to them in their search for capital."
The first crowdlending provider to offer businesses and investors the opportunity to access multiple credit products, Dealstruck's online platform connects growing small businesses with accredited investors, providing borrowers with the growth capital they need quickly and easily, and providing investors with freedom over which opportunities they pursue. Dealstruck's "Crowdline" line of credit functions like a commercial credit card, allowing businesses to draw from the line at any time, paying interest only on the amount outstanding. This gives businesses access to easy, on-demand funding whenever needed to cover immediate expenses in anticipation of future cash receipts.
At the recent FinovateSpring2014, Dealstruck unveiled an application programming interface (API) for institutional investors, offering the raw data on every deal presented on the Dealstruck platform. This data allows investors to use their own underwriting methodologies to determine how best to build out their portfolios.
Dealstruck's new enhanced portal for accredited investors provides them with access to detailed underwriting data used by Dealstruck, helping them make investment decisions in real-time and with complete transparency. As borrowers upload documentation and progress through underwriting, investors can see the data and decision-making as it occurs.
Sold out in its inaugural year, LendIt 2014 has expanded to two days to introduce even more people to the latest and greatest online lending platforms, the big data that makes them tick and how investors can benefit. To see a demo of Dealstruck's investor portal or schedule an appointment to meet with Dealstruck at LendIt 2014, please contact email@example.com.
The Dealstruck lending marketplace connects profitable, small- and medium-sized businesses (SMBs) with innovative credit solutions funded by individual and institutional accredited investors. Unlike the one-size-fits-all approach offered to them by banks and the high-cost, short-term credit offered to them by alternative lenders, Dealstruck provides growing SMBs with a suite of products that give them a credible and transparent path to bankable. Dealstruck is the first crowdlending platform to offer multiple products to SMBs, and the first to allow investors the freedom to choose specific investments. For more information, please visit https://www.dealstruck.com/.