New loan is up and going fast as usual, set across 2 tranches. Tranche A is first charge, Tranche B is second charge.
With Bridgecrowd putting their money into every loan that goes up, does this mean they have funds invested in both tranches?
I may have missed something but I cant see anywhere on the BC site a statement that they put their own money in. In fact, they state in the FAQ that they make their money on the lender/borrower spread as with most P2P sites.