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Peer-to-Peer Lending Fund Prime Meridian Income Fund Announces Positive Returns for 2013


San Francisco, CA (PRWEB) February 05, 2014

Prime Meridian Income Fund, a peer-to-peer lending fund, released its 2013 returns reporting a profit of 9.89% net of fees and expenses. Since its inception in May 2012, Prime Meridian Income Fund, which is managed by Prime Meridian Capital Management, has returned 20 consecutive months of profit without a single monthly loss—0.00% drawdowns.

Peer-to-peer lending (P2P lending) allows individuals, start-ups, and entrepreneurs to request loans for everything from financing home repairs to starting or expanding a business on peer-to-peer lending web sites such as Prosper.com and Lending Club. These web sites provide lending opportunities for those seeking a loan alternative to traditional banking and funding mechanisms such as venture capital and investors. They also provide investors an opportunity to generate potential returns equivalent to a bank or credit card lender while directly helping individual borrowers.

Prime Meridian’s primary focus is the peer-to-peer lending space and it has developed a process and computerized algorithm that is designed to identify opportunities quickly, assess risk, and then capture attractive opportunities — attempting to spread risk and thereby increase the possibility of returns as demonstrated by its nearly 10% return in 2013.

“Peer-to-peer lending funds are a way to invest in peer-to-peer lending without having to do the searching, research, and investing in each individual opportunity which can be time consuming and inefficient,” says Don Davis, manager of Prime Meridian Capital Management. “The Prime Meridian Income Fund offers a tested, convenient, and efficient vehicle for investors to take advantage of potential opportunities in the exciting and expanding P2P lending space.”

Currently peer-to-peer lending makes up just over $ 3 billion of the $ 850 billion available market in consumer credit. The growth in peer-to-peer lending is expected to explode in the coming years. The recent adoption of the JOBS Act should also increase awareness and popularity of the peer-to-peer lending industry.

To learn more about Prime Meridian Capital Management, Prime Meridian Income Fund, or for insight into the peer-to-peer lending market, visit http://www.pmifunds.com or contact Don Davis at 925-362-8510.

This material is qualified in its entirety by the information included in the confidential offering documents and supplements (collectively, the “Memorandum”) of Prime Meridian Income Fund, LP (the “Fund”) described herein. Any offer or solicitation of an investment in the Fund may be made only by delivery of the Memorandum, which contains important information concerning risk factors, including a more comprehensive description of the risks and other material aspects of an investment in the Fund. The Fund is only open to investors fitting the definition of an “accredited investor” as that term is defined under Rule 501 of Regulation D of The Securities Act of 1933. The past performance is not indicative of future results. An investment in the Fund, like all investments, contains risk including the risk of total loss.







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20 Best Quotes from Ukraine?s Former Prime Minister Yulia Tymoshenko

Ukraine’s Former Prime Minister Yulia Tymoshenko was released from jail after two-and-a-half years behind bars on Saturday (February 22, 2014). The 53-year-old addressed the crowds in Independence Square as well as called on them to continue their protest.

Following are 20 best quotes from Yulia Tymoshenko – the one time political hero of Ukraine.

“Whenever you see a successful woman, look out for three men who are going out of their way to try to block her.”

“Our team will fight for the possibility to form the government. We perceive these positions not as a goal, but as an instrument to realize the ideals of the Orange Revolution, … I don’t want people’s trust in government to die.”

“The air we are breathing is corrupt. It’s not the end of the Orange Revolution; it’s the direct action of the Orange Revolution. A public cleansing of society is underway.”

“I won’t go into an election with people who have so discredited Ukraine.”

“When the new president pulled out these allegations, the whole country simply laughed, because even under the Kuchma regime, these charges were cleared, … This case has already been thrown out by the courts.”

(Photo credit: AP)

“We are not causing the delay. We are 100 percent ready. I think there is some confusion in Our Ukraine. They did not expect such results.”

“The damage was huge, … especially the damage to people’s souls–the people who stood on Independence Square for the sake of the revolution. . . . This is a big tragedy.”

“My goal in politics from the very beginning has been, and will be, the goal of giving Ukraine a chance to finally secure a firm footing in the world as a competitive, independent and real European state.”

“Corruption is in the air. This is the air we had to breathe.”

“He practically ruined our unity, our future, the future of the country. I think this step is absolutely illogical.”

(Photo credit: SERGEI SUPINSKY/AFP/Getty Images)

“We said repeatedly that this election was about choosing the prime minister and now the people have spoken.”

“I believe God sometimes gives chances to some people. And I believe God gave me the chance to explain to people what is important and I am trying to use this.”

“We are nearly that team that can deeply reform the country, rid it of clans and oligarchs and begin democratic reforms.”

“I think I will become prime minister.”

“I haven’t been doing business for years, and all of Ukraine knows this, … The campaign against me is based on the notion that 10 years ago I was very powerful. In a span of five years, I created the most powerful company in post-Soviet space. The memory of that exists, of course.”

(Photo credit: Wikimedia Commons / europeanpeople’sparty)

“I will get to the truth, if not in Ukrainian courts, then in international ones. I will fight to my last breath. They want to put me in prison but that won’t help. My voice will be heard even louder from prison than now, and the whole world will hear me.”

“The revolution is not yet finished. We must keep fighting to secure power!”

“We said repeatedly that this election was about choosing the prime minister and now the people have spoken.”

“I’m not going to hide myself away – I’m not going anywhere.”

“Everything that I have is natural – braid, nails – I practically never use cosmetics. They often ask me in the provinces about my braid.”

Related articles:

Yulia Tymoshenko Wears Her Traditional Peasant Hair After Being Freed from Prison Hospital (Pictures)

Yulia Tymoshenko and Daughter Eugenia Tymoshenko Have a Tearful Reunion in Kiev

Yulia Tymoshenko’s Life in Pictures

Yulia Tymoshenko Trial: 7-Year Sentence in Prison

I graduated from Birmingham University. Currently, I am living with my family in the West Midlands of England and working for a media company. My hobby is writing about current affairs, celebrities and fashion.

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