I never expected to be writing about swimming pools on this blog; certainly not twice in the same month. But there was an interesting announcement earlier this week regarding a new partnership between Lending Club and the world’s leading distributor of swimming pool supplies, POOLCORP.
Like the Viking Pools partnership I wrote about a couple of weeks ago, POOLCORP will be sending borrowers to Lending Club who are looking to finance their swimming pool. They own the domain name, swimmingpool.com and they have setup a page on their site for pool financing. This page in turn will take you to a landing page on Lending Club’s site for borrowers. POOLCORP will earn a referral fee for every borrower that obtains a loan through Lending Club and they will be refunding that fee back to the borrower. [Read more…]