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Peer-to-peer hedge fund to expand its investment in Main Street businesses through pioneering crowdlending platform.
San Diego, CA (PRWEB) February 24, 2014
Direct Lending Investments, LLC, the general partner of a peer-to-peer (P2P) fund with a diversified pool of high-yielding, short-term small business notes, today announced a partnership agreement with Dealstruck, Inc., a leading online crowdlending platform. The deal flow provided by Dealstruck will enable Direct Lending Investments to invest in qualified businesses via multiple products, including term loans and lines of credit, through the use of one streamlined platform. This partnership will make more capital available to small businesses around the country.
As a fund manager seeking to maximize yield for my portfolio, I appreciate that Dealstruck is able to offer not only a diverse array of qualified, established borrowers, but also diversity in allocation of product. This allows us to maximize return while mitigating risk, said Brendan Ross, founder and president of Los Angeles-based Direct Lending Investments. As small businesses continue to recover and seek capital to fund expansion and other short-term expenses, I expect the volume of investable borrowers to increase in the coming months through platforms like Dealstruck.
Through its CrowdLoan term loan product and CrowdLine working capital line of credit, Dealstruck is able to offer small business borrowers a broader range of financing options than many other lending platforms. This mix of products also provides investors the opportunity to allocate capital to a range of risk and return profiles.
Investors are typically seeking yield, while small business owners are seeking the best possible rate for a loan. Dealstruck is uniquely positioned to combine the capital of accredited investors and institutions in order to best serve the needs of both parties. We are thrilled that Direct Lending Investments has chosen to place capital on our platform and look forward to funding more small businesses with this investment, said Ethan Senturia, co-founder and CEO of Dealstruck.
The Dealstruck lending marketplace connects profitable, small- and medium-sized businesses (SMBs) with innovative credit solutions funded by individual and institutional accredited investors. Unlike the one-size-fits-all approach offered to them by banks and the high-cost, short-term credit offered to them by alternative lenders, Dealstruck provides growing SMBs with a suite of products that give them a credible and transparent path to bankable. Dealstruck is the first crowdlending platform to offer multiple products to SMBs, and the first to allow investors the freedom to choose specific investments. For more information, please visit https://www.dealstruck.com/.
About Direct Lending Investments, LLC
Direct Lending Investments, LLC is the general partner of a peer-to-peer small business loan fund. Founded by portfolio manager Brendan Ross, the fund invests in a diversified pool of high-yielding, short-term small business notes from leading online lenders including Dealstruck, IOUCentral and QuarterSpot. An early expert in peer-to-peer lending, he has spoken at conferences around the country and appeared in the Wall Street Journal, Forbes, Fox Business and other prominent outlets. Previously, Brendan was a turnaround CEO and ran a number of companies, including ReserveAmerica, the world's largest outdoor recreation reservation company. For more information, please visit http://www.dirlend.com.
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