In our contemporary world today having no capital is an unacceptable reason for people who desire to chance a business and also to grow a small business. There are several methods of entrepreneurs including SMEs to obtain capital. For those of you who will be still reluctant to obtain a loan from the bank with interest and complex terms, you will find alternatives that could be on your path into success, with peer to peer lending or P2P lending. This new financial technology platform connects directly between the lender (investor) and also the borrower (borrower) with the peer to see lending platform.
The bonus for investors is that they can offer commercial loans to truly qualified borrowers, whereas for borrowers the advantage is a trustworthy investor because to become listed on the working platform, the woking platform company is going to do the data filtering first to determine its credibility. Due to the simple to use platform available, can peer to peer lending be an option in investment looking for capital money for hard times of Indonesia in the foreseeable future?
Advantages P2P Lending for Investors
What’s the first thing that lenders see before giving loan investments to entrepreneurs who apply? Naturally could be the prospect from the growth and development of the organization whether or not it can generate profits you aren’t. Not infrequently investors don’t issue loan funds because they are less at ease the credibility in the borrower. But over the lending marketplace or Personal Loan Online, investors might be much more confident in investing because borrowers who’ve joined this marketplace continues to be filtered before. Other features of joining P2P lending platforms such as SOFIS include:
The entire process of investment is quicker and simpler.
Now you may participate to be a borrower of either a company, a business owner, or an individual that has more funds to channel to entrepreneurs who are required funds. If you have previously invested to forms, lending through P2P lending can be quite a approach to diversify ignore the for risk sharing. Investors can begin to play a higher return value compared with channeling investment funds through lending banks.
Features of P2P Lending for borrowers
If you are a entrepreneur, when planning to make an application for SME loan something that become a consideration will be the amount of interest rates set by financial institutions that provide credit facilities. So also for individuals who desire to submit an application for loans for private needs for example employee loans or fund children’s education. And so the main benefit from joining SOFIS as being a P2P lending platform is the interest rate is leaner than that set by other credit finance institutions.
In addition, there are lots of advantages that could be enjoyed by borrower include:
1. A faster and easier loan application with simpler terms than applying for credit with a bank or any other standard bank.
2. SOFIS provides loans to people as well as loans. Individual loans may be used for home remodeling, charge card payment loans, employee loans, and micro loans. While unsecured commercial loans, SOFIS serves business capital, receivable financing (max. Around IDR 250 million), and contract financing (max. Approximately IDR 1 billion).
3. SOFIS provides a low interest rate rate and is adjusted in line with the borrower’s risk assessment. You will probably be classified in loan grade starting from A1-C3 to determine the amount of interest to become borne.
Exploring the various benefits that can be obtained with either investors or borrowers, of course P2P Lending platform like https://sofis.id could make adjustments to the dynamics of monetary services in Indonesia. Now individuals and companies that need funds can more easily get investors who agree with the purpose of lending, and investors produce solutions to invest or channel funds to the more needy. With easy loan way, of course might help in improving prosperity of Indonesian community.
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