Title
Success Factors in Peer-to-Business (P2B) Crowdlending: A Predictive Approach
Date Issued
01 January 2019
Access level
open access
Resource Type
journal article
Author(s)
Universidad de Sevilla
Publisher(s)
Institute of Electrical and Electronics Engineers Inc.
Abstract
Peer-to-Business (P2B) crowdlending is gaining importance among companies seeking funding. However, not all projects get the same take-up by the crowd. Thus, this study aims to determine the key factors that drive non-professional investors to choose a given loan in an online environment. To this purpose, we have analyzed 243 crowdlending campaigns on October.eu platform. We have obtained a series of variables from the analyzed loans using logistic regression. Results indicate that loan amount, loan term and overall credit rating are the key predictors of non-professional lender P2B crowdlending success. These findings may be useful for predicting whether the crowd will subscribe to a loan request or not. This information would help businesses to modify specific loan characteristics (if possible) to make their loans more attractive or could even lead companies to consider a different financial option. It could also help platforms select and adapt project parameters to secure their success.
Start page
148586
End page
148593
Volume
7
Language
English
OCDE Knowledge area
Economía
Negocios, Administración
Subjects
Scopus EID
2-s2.0-85077753841
Source
IEEE Access
ISSN of the container
21693536
Sources of information:
Directorio de Producción Científica
Scopus