SoLo Funds

Overview

Solo Funds is a community lending marketplace established to create and maintain a fair, reputable option for small, short-term loans. The SoLo marketplace enables borrowers to set their own loan terms, which are then underwritten by SoLo’s proprietary alternative risk assessment and presented to a marketplace of individual lenders. Borrowers benefit by accessing quick and fairly structured debt on terms they set for themselves, and lenders benefit by earning a fair return on short duration risk capital, with no minimums to invest. Lenders also have the ability to protect their invested principal from default losses. In short, and in their own words, SoLo “taps into the power of community and generosity to form an online safety net that is mutually beneficial to all of our members.”