Welcome to the Trading Platform
The Note Trading Platform allows investors to buy and sell Notes from each other. You must be a trading member to participate. Sign up to get started!
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The Note Trading Platform is a marketplace where investors may buy and sell Lending Club Notes. The Trading Platform was designed to provide investors with the chance to realize some liquidity and access to additional investment opportunities.
On the Trading Platform, the owners set the asking price for the Notes they list for sale. Potential buyers browse Notes available for sale and review the detailed information about each Note. A buyer may select a Note for purchase and place an order to buy the Note.
When setting the price of a Note or determining if you want to purchase a Note, you should review information such as the loan payment history and the borrower’s credit score trend. Keep in mind that the price of a Note is set by the Seller and therefore the price of the Note may not reflect its current true value.
Benefits of Buying Notes
Shorter Term Investing
You may buy Notes that have a shorter time remaining to maturity than the standard 36 or 60 month terms of Notes purchased on the Lending Club platform.
You may buy Notes that are priced below their value to you. You can review loan performance data to identify Notes that you believe to be "underpriced" relative to their value to you.
Gain access to Lending Club Notes that have already been purchased (if you live in a state in which Notes may only be purchased from existing holders).
Folio Investing does not charge the buyer any fees.
Benefits of Selling Notes
Liquidate your holdings by selling Notes before they reach their 36- or 60-month maturity. While there is no guaranty that a Note will sell, many investors have found liquidity through the Note Trading Platform.
Manage your portfolio by selling Notes that are no longer attractive to you. You might choose to sell Notes based on the payment history or credit score trend of the underlying borrowers.
Seek a profit by listing Notes at prices above par1.
Folio Investing charges the seller a transaction fee equal to 1% of the purchase price.