Lending Club to Hold Investor Webcast

Lending Club, a California-based peer to peer lending company, will be holding an “investor forum” web-cast on Thursday, November 18th at 4:00 PM PT.

Lending Club Executive Sam Kasle announced the web-cast on Lending Club’s blog, writing “Next week, we’ll be hosting a fantastic opportunity to connect with the Lending Club team and learn more about peer investing. On Thursday, join Patrick Gannon, SVP Investor Services and myself, Sr. Marketing Director to discuss recent and upcoming developments at Lending Club.  Topics will include diversification, the importance of stable returns, loan recovery rates, investment strategies and more. There will be an ample time for Q&As following a short presentation.  This session is recommended for new investors, as well as existing investors who want to fine tune their investment strategy.”

Investors at Lending Club can register for the investors forum at this link.

About Lending Club:

Lending Club is an online platform that enables the issuance of and investment in consumer loans.  Lending Club brings together investors and creditworthy borrowers — eliminating the cost and complexity of traditional bank lending — to offer borrowers better rates and investors better returns.  Lending Club was recently recognized as one of the 20 “Breakthrough Ideas for 2009” by Harvard Business Review, has been nominated for “Top 100 Innovators” by The Industry Standard, is on the JMP Hot 100 list, and the Always On Global 250 Top Private Companies list.  In addition Lending Club won the Webby Award in 2008 for the “Best Banking Website”. Founded in 2006, Lending Club is headquartered in Redwood City, CA. More information is available at: http://www.lendingclub.com.

Loans are not issued in IA, ID, IN, ME, MS, NC, ND, NE, or TN. Loans are issued by WebBank, an FDIC insured Utah chartered industrial bank located in Salt Lake City, Utah. Borrowers must be US citizens or permanent residents and at least 18 years old. Valid bank account and social security numbers are required. All loans are subject to credit approval.