Private Lending for Investors:

Benefits of Joining the Community and Using the App for Private Lending Investors

Our iPLAA communities and this app, MyBestLoanMatch.com (MBLM) aim to revolutionize the asset-based private lending industry by enabling borrowers and lenders to transact directly, cutting out the middleman. Here’s a summary of the benefits for private lending investors:

Pricing:   No charge for your first deal.  At the closing and funding of your first deal you are presented with the option to donate .25% of the total funding amount as a contribution to marketing and platform and community support fees.  This is a voluntary payment and can be declined by Investor-Borrower without any explanation or reason required.  Should investor-Borrower decline said payment then all connections with the community and the MBLM app will be terminated.  

Reduced Costs and Barriers to Entry

• No Lead Costs: The platform does not require lenders to pay for leads. They only pay a quarter-point fee when a deal closes, and even then, the first deal is free with no obligation to pay.
• Minimal Marketing Costs: No expensive, labor intensive ad and marketing campaigns to attract borrowers. No wasted time persuading or selling borrowers to use your funding.  They accept your terms or they don’t.  
• No Upfront Fees: The platform is free to try, with no obligation to donate or subscribe. Lenders can experience the platform’s benefits firsthand and including closing their first deal before deciding whether or not they want to pursue this path further.  
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Enhanced Control and Flexibility

• Targeted Loan Program Promotion: Investors can create and promote highly specific loan programs that cater to their investment preferences, allowing them to dominate niche markets that larger lenders do not or cannot make work because of their inflexibility.   
• Control Over Exposure: Private lending investors can maintain their anonymity, while still having their lending programs made public and searchable.  Thereby protecting them from exposure as a potential target of unwanted solicitations and potential security risks associated with public exposure.
• Flexibility and Creativity: Investors can structure deals with more flexibility and creativity than traditional lenders, taking advantage of opportunities that volume-driven lenders typically avoid. This allows them to potentially earn higher returns on individual deals.
• Scalability: The platform allows investors to start small, even with a $5,000 loan, and scale up as their experience and confidence grow.

Benefits of a Collaborative Community

• Access to a network of fellow lenders: Private lending investors, particularly those new to the industry, can benefit from a large community that can access resources and benefits and pricing typically reserved only for big players. 
• Shared Experiences and Knowledge: The platform fosters a collaborative environment where investors can learn from each other’s experiences, successes, and challenges. This shared knowledge base helps investors make more informed decisions and potentially avoid costly mistakes.
• Social Connections: The platform provides opportunities for investors to connect with others in the industry, building relationships and partnerships that can lead to new opportunities and deals. This community aspect can be particularly valuable for individual investors who might otherwise lack access to such a network.

• borrowers have limited options.

Additional Features

• Borrowers can send out up to three funding invitations to lenders at a time, with a maximum of three accepted invitations per property address.

Overall, the sources present MBLM as a promising platform that offers significant advantages for private lending investors. By eliminating many of the traditional barriers to entry, promoting transparency and control, and fostering a collaborative community, MBLM empowers private lenders to operate more efficiently, flexibly, and profitably.

See how to create your Private Lending Investor Account

Click Here

The primary reason that private lending hasn’t grown even bigger with individual investors is because it doesn’t fit the current way of thinking that works for the old school, 

Large private lenders, whereby they have their loan programs and then, using sales people called loan officers, billboards, etc they marketing this very standardized product.

As we all know the standardization and difference between the larger private lenders is not much variation in rates, terms, underwriting, etc.

This is because they have loan programs that are designed for the masses and to produce large volumes of business in order to support their business model.   

Problem is, as we all know, it may be a great deal, BUT they cannot do it, because they can only do deals that result in big numbers.  One deal, no matter how profitable 

Doesn’t help and in fact it will gt in the middle.

Now, you can list your programs with anonymity…get that matched FIRST!  Then look at the Lender….it’s useless to look at the lender if the program won’t work.