LoanBook is a Spanish platform for crowdlending or marketplace loans specialized in loans for SMEs. The company was born with the aim to offer investors a novel asset with an excellent return / risk ratio and provide companies with an efficient, transparent and agile alternative financing channel.
The platform is currently not regulated. They are in talks with the Ministry of Economy regarding the possibility of expanding the scope of regulation of participatory financing platforms to include the secondary market or financing of working capital, among others in the future.