Lending Club, the peer-to-peer lender that specializes in personal loans to consumers, is expanding its offerings to include small-business loans.

The San Francisco company announced that it has begun making business loans with fixed interest rates ranging from 5.9% to 29.9%. Loan sizes will range from $15,000 to $100,000, with terms from one to five years.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.