Mach, Traci L.; Carter, Courtney M.; Slattery, Cailin R. - Federal Reserve Board (Board of Governors of the … - 2014
The current paper examines loan-level data from Lending Club to look at peer-to-peer borrowing by small businesses. We begin by looking at characteristics of loan applications that were and were not funded and then take a more in-depth look at funded applications. Summary statistics show an...