Founded in 2013, LoanMe was an alternative online lender that specialized in providing personal and small business term loans, often to borrowers who might not qualify for traditional bank financing. The company's business model focused on a quick, technology-driven application and funding process. However, in 2022, LoanMe ceased originating new loans and surrendered its California Financing Law license following a major regulatory action. The company now services its existing loan portfolio and directs potential new customers to other lenders.

Founded in

Australia