Advertisement
Anonymous
Why do borrowers choose to take alternative financing via your platform, when they could just take bank loan from banks?
1
Discussion (1)
Related Articles
Related Posts
Related Products
4.1
564 Reviews
18% on interest earned
INVESTOR FEES
$20 per campaign ($100 initial deposit)
MINIMUM INVESTMENT
1.26%
DEFAULT RATE (2020)
4.5
61 Reviews
4.1
250 Reviews
Related Posts
Advertisement
Banks wil only lend out to individuals/companies if they are confident of them repaying back. Consider this: Would you lend a random stranger 10k for their business? SMEs are relatively small and do not have strong backing to secure those loans, so they have to look for alternatives.