About
Lendoor is a debt-based crowdfunding platform where small businesses offer and individuals invest in small business loans. Business owners have always borrowed from friends, family and local communities to start or expand their business. Lendoor makes that process more efficient and transparent, providing platform to create a compelling loan presentation and reach wider network of potential investors through social media. Small businesses raise loans they can afford, since the size, term and the interest rate are Borrower offered. In addition, Borrowers also increase exposure, build customer loyalty and credit history. Servicing the loan is a breeze. Lendoor provides increased protection for the lenders by providing standard loan agreements, direct deposit of loan repayments and follow up on non-performing loans with a collection agency.