Institutional Investors

Purchasing LendingClub Loans

Purchasing at Scale with LendingClub

LendingClub is America’s largest online credit marketplace, and the first marketplace
bank connecting borrowers and investors. LendingClub facilitates billions in loans each year, offering institutional investors a long track record, the longest data set in the industry, sophisticated risk management, and easy-to-use tools to build and modify loan portfolios.

What Makes LendingClub Different

Longest Track Record
Founded in 2006 to transform the banking industry by bringing a traditional credit product, the installment loan, into the digital age.
Data Superiority
Our interactions with members have allowed us to capture billions of cells of performance and behavioral data across thousands of attributes.
Strong Customer Loyalty and Engagement
Our efficient and scalable marketplace model enables us to generate savings for a broad range of borrowers creating a strong affinity for our brand.

Investing in Consumer Credit

Credit CriteriaPrime Personal LoansNear Prime Personal LoansAuto Near PrimeAuto Non-Prime
FICO Score660 Minimum600 Minimum640 Minimum510 Minimum
Loan Term24, 36, 48 or 60 Months24, 36, 48 or 60 Months24, 36, 48, 60, 72 or 84 Months24, 36, 48, 60, 72 or 84 Months
Max Loan Amount$40,000$25,000$55,000$55,000
Use of ProceedsDebt ConsolidationDebt ConsolidationRefinancingRefinancing

How to Purchase

Electronic Marketplace
Execute your investment strategy by filtering and purchasing loans through specific credit attributes. Individually purchase loans pre- or post-issuance at prices that can be at, above, or below par.
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Bank Investors
Purchase high-quality loans that fit your investment and risk preferences. We have multiple options and work with large multinational banks to smaller community banks.
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Capital Markets Solutions
Structured solutions such as sponsored ABS deals and non-structured solutions such as passthrough securities.2
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Frequently Asked Questions

LendingClub offers the unique combination of being a well-capitalized, publicly traded U.S. corporation (LendingClub Corporation), and a national bank (LendingClub Bank), along with a digital consumer lending arm that has originated over $63 billion in loans since inception. Today we partner with dozens of asset managers, hedge funds and other investment vehicles as well as over 60 U.S. banks who have previously purchased personal loans.

Our business model allows bank partners to save all loan marketing and origination costs, increasing projected return even further. Our multiple platforms allow our investors to purchase loans on a passive or active basis, in bulk or as individual loans, and as whole loans or in the near future in security form. This provides flexibility to accommodate and meet our partner’s needs. In addition, as a U.S. national bank, our bank partners can comfortably rely on the fact that we are also directly regulated by the OCC and Federal Reserve Board; creating an additional level of comfort with how our loans are originated and serviced. Lastly, we are able to serve banks of all sizes, from those wishing to purchase a small amount of loans to several hundreds of millions every month.

The LendingClub Marketplace Team is comprised of highly experienced loan traders, consumer finance, and bank strategy representatives. This expertise is further enabled by LendingClub’s deep analytical strength and rich data history. We can work with your team to create loan investment strategies to help address declining consumer loan portfolios, worsening loan-to-deposit ratios, improve portfolio mix and yield and generate higher overall returns.

In addition to offering personal loans across the full credit spectrum, LendingClub offers auto refinancing loans and purchase finance loans (including medical, dental, and educational financing).

1. Greenwich Associates 2017 Marketplace Lending research study.

2. We are not currently doing sponsored ABS deals but have plans to potentially do so in the future.

Loans not securities. Loans listed, sold or purchased through LendingClub’s marketplace platform, including LCX, are not "securities" under any federal or state securities laws, and are not registered with the Securities and Exchange Commission under the Securities Act of 1933 or with the securities commissioner of any state. This is not an offer to sell or a solicitation of an offer to buy, any security.

Not an exchange. LCX is a private U.S. loan transaction platform intended solely for sophisticated institutional loan purchasers. LCX is not an “exchange” under the Securities Exchange Act of 1934. Participation on LCX is subject to documentation with LendingClub and LCX’s terms and conditions. LCX is a trademark of LendingClub Corporation.

No tax, legal, accounting or investment advice. This not intended to provide, and should not be relied on for, legal, tax, accounting or investment advice.

Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, term length, and making payments as agreed. 

    Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

    "LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

    © 2024 LendingClub Bank. All rights reserved.