According to their press release, Prosper.com has filed with the U.S. Securities and Exchange Commission that it intends to offer the ability for lenders to buy and sell their loan positions to other lenders. From Prosper’s press release,

Following effectiveness of the registration statement, Prosper intends to establish and maintain a secondary trading market online auction platform, or Resale Platform, pursuant to which lenders may seek to transfer borrower notes to other Prosper registered lenders.

The S-1 filing itself provides another clue. Apparently the service will allow loans to be bought-and-sold provided that they are at least 3 months old:

Prosper intends to establish a secondary trading market online auction platform, or the Resale Platform, on which the Notes may be resold after three months following the date that they are acquired from Prosper by the winning bidders.

This would be a great addition to their service, as the lack of liquidity has been one of the drawbacks for lenders. Having such a feature may also attract more lenders, as buying an already performing loan would naturally have less risk than taking one’s chances on a new loan with no history.

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