Friends and family loans
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- Consumer Financial Services
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Bacon Bacon careers
We've lost trust in banks, especially millennials, who graduated during the mortgage crisis.
So, we're are going back to borrowing money from friends and family and sealing the deal with our word. But, it's difficult to reach out to more than 3 people at a time.
Enter Bacon Bacon: It makes borrowing and investing in friends and family simple.
Let's say I needed money for General Assembly. I would sign into Bacon Bacon with Facebook, set up the terms of the loan with the interest rate and payment timeline, and share it with my friends and family to invest in it.
Today, there's $8.36T in bank loans and $6B in P2P, and private friends and family loans are on the rise between with boomers lending to millennials.
There's a reason for this. Millennials are part of a gig economy. They drive Uber and freelance, and don't qualify for a traditional loan.
With that, we are Bacon Bacon and we're helping everyone bring home the bacon by borrowing and investing in friends and family.
So, we're are going back to borrowing money from friends and family and sealing the deal with our word. But, it's difficult to reach out to more than 3 people at a time.
Enter Bacon Bacon: It makes borrowing and investing in friends and family simple.
Let's say I needed money for General Assembly. I would sign into Bacon Bacon with Facebook, set up the terms of the loan with the interest rate and payment timeline, and share it with my friends and family to invest in it.
Today, there's $8.36T in bank loans and $6B in P2P, and private friends and family loans are on the rise between with boomers lending to millennials.
There's a reason for this. Millennials are part of a gig economy. They drive Uber and freelance, and don't qualify for a traditional loan.
With that, we are Bacon Bacon and we're helping everyone bring home the bacon by borrowing and investing in friends and family.
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Lindsay Lamb
Creator, founder of @BaconBaconHQ. Alumni of @DraperU. Previously at @AKQA and @Razorfish
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