Trades Notes
Trade Notes on Folio Investing Note Trader
FOLIO Investing provides an alternative trading marketplace (aka ATS) which allows owners of Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF to offer those Notes for sale to other Prosper/BACF members. To access the ATS, you must open a brokerage account with FOLIO Investing. The brokerage account that you open with Folio will not hold Notes or money on your behalf except on the day you conduct a transaction on the ATS, and will return any money or Notes that you acquire through the transaction to your Prosper/BACF account prior to the close of business on the day of the transaction.
FOLIO Investing charges 1% of the face amount of a Note as a transaction fee for providing the ATS service. Prosper/BACF pays FOLIO Investing a fixed monthly fee in any month that the Note transaction fees collected do not meet a mutually agreed upon minimum amount.
By clicking the button below, you agree to the Folio Investing Member agreement and Customer agreement.
FOLIO Investing provides an alternative trading marketplace (aka ATS) which allows owners of Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF to offer those Notes for sale to other Prosper/BACF members. To access the ATS, you must open a brokerage account with FOLIO Investing. The brokerage account that you open with Folio will not hold Notes or money on your behalf except on the day you conduct a transaction on the ATS, and will return any money or Notes that you acquire through the transaction to your Prosper/BACF account prior to the close of business on the day of the transaction.
FOLIO Investing charges 1% of the face amount of a Note as a transaction fee for providing the ATS service. Prosper/BACF pays FOLIO Investing a fixed monthly fee in any month that the Note transaction fees collected do not meet a mutually agreed upon minimum amount.
By clicking the button below, you agree to the Folio Investing Member agreement and Customer agreement.
Note from FOLIO Investing:
FOLIO Investing does not endorse, review, recommend or approve the Prosper or BACF website, Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF borrowers, and has no role in the origination of a Prosper/BACF loan or the issuance of any such Note. All information about Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF comes from Prosper/BACF, and is published as received by FOLIO Investing without review. When a Note is posted for sale on the ATS, the borrower’s Credit Score has been pulled within a month of the posting date, but all other information is as of the date the listing for the loan underlying the Note was posted on Prosper’s platform. The payment history on the Note is likely the only other information you will have when making an investment decision about whether to purchase the Note through the ATS. All Notes are extremely high risk investments and are only appropriate as a speculative transaction. Because the Notes were not available to residents of all states when issued, FOLIO Investing limits accounts opened at http://www.foliofn.com to residents of states where the Notes have the status of registered securities with the applicable state securities authority. You cannot purchase, sell or hold other Notes in any account you have with FOLIO Investing at http://www.foliofn.com.
FOLIO Investing does not endorse, review, recommend or approve the Prosper or BACF website, Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF borrowers, and has no role in the origination of a Prosper/BACF loan or the issuance of any such Note. All information about Notes issued by Prosper Funding LLC or Prosper Marketplace, Inc. or Prosper/BACF comes from Prosper/BACF, and is published as received by FOLIO Investing without review. When a Note is posted for sale on the ATS, the borrower’s Credit Score has been pulled within a month of the posting date, but all other information is as of the date the listing for the loan underlying the Note was posted on Prosper’s platform. The payment history on the Note is likely the only other information you will have when making an investment decision about whether to purchase the Note through the ATS. All Notes are extremely high risk investments and are only appropriate as a speculative transaction. Because the Notes were not available to residents of all states when issued, FOLIO Investing limits accounts opened at http://www.foliofn.com to residents of states where the Notes have the status of registered securities with the applicable state securities authority. You cannot purchase, sell or hold other Notes in any account you have with FOLIO Investing at http://www.foliofn.com.