Nowadays today having no capital can be an unacceptable reason for those that wish to operate a business and grow a business. There are many techniques for entrepreneurs including SMEs to acquire capital. For anyone that are still hesitant to get a financial loan with interest and sophisticated terms, you can find alternatives that could be your path into success, with peer to look lending or P2P lending. This new financial technology platform connects directly relating to the lender (investor) as well as the borrower (borrower) from the peer to peer lending platform.
The power for investors is they can provide commercial loans to seriously qualified borrowers, whereas for borrowers the advantage is to find a trustworthy investor because to sign up the platform, the woking platform company will perform your data filtering first to determine its credibility. Because of the easy to use platform available, can peer to look lending be an option in investment looking for capital for the future of Indonesia in the future?
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 from the development of the company whether it can become profitable or not. Not infrequently investors neglect to issue loan funds since they’re less confident with the credibility of the borrower. But with the lending marketplace or Financial Technology for personal and business loan, investors can be much more confident in investing because borrowers that have joined this marketplace has been filtered before. Other attributes of joining P2P lending platforms including SOFIS include:
The process of investment is faster and much easier.
Anyone can participate becoming a borrower of sometimes a company, a business person, or even an one that has more funds to channel to entrepreneurs who want funds. In case you have previously invested along with other forms, lending through P2P lending is usually a way to diversify neglect the for risk sharing. Investors can engage in an increased return value in contrast to channeling investment funds through lending banks.
Attributes of P2P Lending for borrowers
An advanced entrepreneur, when planning to submit an application for SME loan something that become a consideration will be the interest rates set by loan companies that offer credit facilities. So nevertheless for people who desire to make an application for loans form of hosting needs for example employee loans in order to fund children’s education. Hence the main benefit of joining SOFIS being a P2P lending platform could be that the interest rate is less than that set by other credit finance institutions.
In addition, there are many advantages that could be enjoyed by borrower include:
1. A much easier loan application process with simpler terms than trying to get that loan into a bank and other lender.
2. SOFIS provides loans to folks and also business loans. Individual loans may be used for home renovation, credit card payment loans, employee loans, and micro loans. While unsecured business loans, SOFIS serves business capital, receivable financing (max. Up to IDR 250 million), and contract financing (max. Up to IDR 1 billion).
3. SOFIS gives a a low interest rate rate and it is adjusted using the borrower’s risk assessment. The borrower will be classified in loan grade beginning A1-C3 to discover the amount of interest to be borne.
Studying the various benefits that can be obtained with either investors or borrowers, naturally P2P Lending platform like https://sofis.id will make alterations in the dynamics of economic services in Indonesia. Now individuals companies which need funds can more easily get investors who accept the purpose of lending, and investors produce other approaches to invest or channel funds up to the more needy. With easy loan way, obviously might help in improving prosperity of Indonesian community.
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