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Group Name

Bay Area Entrepreneurs

Group Profile

 

Portfolio Health

Short Name: BAE
Location: San Francisco CA
Registration Date: 2005-10-31

Group Rank (amount invested) 212
Group Rating
Oldest Loan (days) 823
Estimated ROI1 9.66%
Estimated ROI Range 9.66% - 9.66%
Experian ROI 7.85%
Experian ROI Range 6.72% - 8.1%
 
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Portfolio Profile

 

Portfolio Distribution

  Number Total Loan Amount Estimated Loan Value2
Total Loans 10 $62,200.00 $13,079.51
Late Loans 0 $0.00 $0.00

  Number Total Amount Default Sale Price
Defaults 0 $0.00 $0.00

  Weighted Unweighted
Avg. Credit Grade A (2.06) B (2.80)
Avg. Interest Rate 10.16% 9.56%
Avg. Loan Age (days) 589.1 430.1

  Number Funded Amount Percent Funded
Active Listings 0 $0.00 0.00%
 
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Group Description

** Sorry, we are not accepting new members in our group **About us:I have been involved in Bay Area entrepreneurship in one way or another since college. Over and over again I see great businesses short on cash flow, or a terrific start-up idea that can’t quite get started for want of a little bit of cash. Bank of America or Well Fargo Small Business offerings all seemed like either super-expensive credit-cards in disguise (which I guess they really are) and they almost always wanted a “Personal Guarantee” which seemed to me like an onerous request. So I’m starting this group because I believe that people who want to start their own business will generally find a way to succeed if they’re given a fair shake. To lenders:Why lend to thi...
1 Estimated ROI is generally updated nightly, the calculation can be found in the FAQ.
2 This is an estimate of a lender's current portfolio. It takes into account monthly payments and paid off loans.