Where Are They Now?: Grow.ly

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Peer-to-peer lending platforms are giving those who have difficulties attaining institutional loans new ways of getting financial support. We have seen almost everything featured on crowdfunding sites such as Kickstarter and Indiegogo; niche lending platforms for student loans and first home down payments are also helping those in need through their peers. Sitting somewhere between crowdfunding and P2P lending is Grow.ly, a startup facilitating 'crowdlending' from individual investors to small businesses. Companies that are requesting for financial support first sign up, and Grow.ly will review their request and select the ones that appear to have credible repayment capacity. Investors can…

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