(August 4, 2011, Los Angeles, CA) WikiLoan, a leading peer-to-peer facilitator of Internet borrowing and lending, has made a "Tools & Tips" page available to participants, containing all the information needed to facilitate smooth lending transactions.

Peer-to-peer lending has become a popular online practice allowing individuals to build personal loan proposals that can be viewed online though social media outlets. WikiLoan acts as an intermediary between borrower and lender, offering straightforward, legally binding documents that allow parties to structure loans to their unique needs without the awkwardness of borrowing money from family or friends, or dealing with banks.

The Tools & Tips page gives borrowers and lenders access to all types of information outlining the loan processes, including information on how to make money microlending, investing in peer-to-peer loans, understanding the risks, how peer-to-peer lending is a viable alternative to banks and much more. The practice of peer-to-peer lending is gaining momentum in these difficult economic times, with tight lending restrictions shutting out a large portion of the population from obtaining funds they need to consolidate debt, start a business or perform home improvements.

Based in Southern California, WikiLoan is owned and operated by Marco Garibaldi, an Internet pioneer, and Edward DeFeudis, a successful entrepreneur. Together, they founded WikiLoan to shed light on the practice of microlending, which was designed to bring lenders and borrowers together to pursue new and exciting business and personal opportunities. For more information, visit WikiLoan online at http://www.wikiloan.com.