In our contemporary world today without capital is definitely an unacceptable cause of people that wish to run a business and also to grow a company. There are many methods of entrepreneurs including SMEs to have capital. For all of us who’re still unwilling to obtain a bank loan with interest and complicated terms, there are alternatives which can be your path into success, with peer to see lending or P2P lending. This new financial technology platform connects directly relating to the lender (investor) as well as the borrower (borrower) over the peer to see lending platform.
The bonus for investors is that they provides commercial loans to genuinely qualified borrowers, whereas for borrowers the bonus is to buy a trustworthy investor because to sign up the platform, system company will perform the data filtering first to ascertain its credibility. Given the user friendly platform available, can peer to look lending be a choice in investment and looking for capital money for hard times of Indonesia down the road?
Advantages P2P Lending for Investors
What’s the first thing that lenders see before giving loan investments to entrepreneurs who apply? Naturally will be the prospect of the growth and development of the business enterprise if it can become profitable or not. Not infrequently investors fail to issue loan funds because they’re less more comfortable with the credibility with the borrower. But over the lending marketplace or SOFIS, investors could be well informed in investing because borrowers who may have joined this marketplace may be filtered before. Other advantages of joining P2P lending platforms including SOFIS include:
The entire process of investment is quicker and simpler.
Anyone can participate to become a borrower of the company, operator, or an individual who has more funds to channel to entrepreneurs who need funds. In case you have previously invested with forms, lending through P2P lending could be a strategy to diversify ignore the for risk sharing. Investors can begin to play a better return value weighed against channeling investment funds through lending banks.
Attributes of P2P Lending for borrowers
If you are an entrepreneur, when going to make an application for SME loan one important thing that be a consideration could be the interest rate rates set by finance institutions that supply credit facilities. So furthermore people who desire to submit an application for loans web hosting needs for example employee loans as well as to fund children’s education. And so the main benefit from joining SOFIS as being a P2P lending platform is that the interest is gloomier than that set by other credit finance institutions.
In addition, there are lots of advantages that may be enjoyed by borrower include:
1. A much easier loan application with simpler terms than applying for that loan to some bank and other lender.
2. SOFIS provides loans to people as well as commercial loans. Individual loans can be utilized for home renovation, credit card payment loans, employee loans, and micro loans. While unsecured business loans, SOFIS serves business capital, receivable financing (max. As much as IDR 250 million), and contract financing (max. Around IDR 1 billion).
3. SOFIS supplies a a low interest rate rate and it is adjusted depending on the borrower’s risk assessment. The borrower will be classified in loan grade beginning from A1-C3 to ascertain the interest being borne.
Going through the various benefits that may be obtained either for investors or borrowers, obviously P2P Lending platform like https://sofis.id can make changes in the dynamics of economic services in Indonesia. Now individuals and companies that require funds can easier get investors who trust the purpose of lending, and investors have other ways to invest or channel funds up to the more needy. With easy loan way, of course can help in improving prosperity of Indonesian community.
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