Alibaba and Lending Club start new financing program for U.S. businesses

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Peer-to-peer financing site Lending Club and have put in place a strategic partnership designed to get more U.S. businesses to buy inventory from the alibaba.com’s wholesale marketplace.  They will offer a new financial service called the alibaba.com e-Credit Line that will let U.S. companies apply for credit lines for $5,000 to $300,000, which they can then use to make purchases from the e-commerce giant. Continue reading… “Alibaba and Lending Club start new financing program for U.S. businesses”

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