This article, for DealFlow, a corporate financing media platform for TheStreet.com, addresses the current and future status of the online marketplace lending industry. In 2016 and ’17, the MPL sector was hit by scandals and layoffs, and with fintech lending options emerging for businesses, the “intermediary” MPL business model may already be in peril. I need business lending experts, MPL experts, financing professionals and actual businesses who borrow from MPL to comment on health and viability of marketplace lending industry going forward. Telephone calls or email responses are fine – short deadline, so feel free to call/email with comments whenever you like.
Marketplace Lenders Already on the Way Out?