For borrower loans originated through our marketplace by WebBank between July 13, 2009 and December 31, 2019, borrowers identified their intended use of loan proceeds by unit distribution as follows:
- debt consolidation (approximately 66.5%)
- home improvement (approximately 14.6%)
- business use, such as financing a home-based or small business (approximately 0.1%)
- financing of medical/dental procedures (approximately 2.1%)
- other (approximately 16.7%)
Please refer to our Prospectus for the most up-to-date information on borrowers' stated loan purposes.