Loanbidz Inc. operates an online platform that functions as a marketing lead generator in the financial services sector. The company's mission is to simplify the loan application process for consumers by creating a competitive environment for lenders. Borrowers submit a single loan request through the website, which is then presented to a network of participating lenders who can "bid" for the consumer's business. This model aims to provide borrowers with more options and potentially better rates and terms for various loan types, including mortgages, personal loans, and business loans, without directly originating or funding the loans itself.

Founded in

United States