Bond Street Marketplace specializes in term loans of up to three years that carry interest rates ranging from 6% to the high teens. The loans' average interest rate is 11%. The company targets businesses that either fall just outside the strict requirements set by banks, or need a quicker approval process and don't mind paying rates that are slightly higher than a bank's for the faster service.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/18/15 | $110,000,000 | Venture Debt & Equity |
Jefferies Spark Capital | undisclosed |
