In our contemporary world today without capital is definitely an unacceptable reason for people who desire to run a business and grow a business. There are several ways for entrepreneurs including SMEs to acquire capital. For anyone who’re still reluctant to get a financial loan with interest and complicated terms, you can find alternatives that may be on your path into success, with peer to see lending or P2P lending. This new financial technology platform connects directly involving the lender (investor) and the borrower (borrower) with the peer to peer lending platform.
The advantage for investors is they provides loans to genuinely qualified borrowers, whereas for borrowers the power is to find a trustworthy investor because to join system, system company is going to do the data filtering first to find out its credibility. Due to the user-friendly platform available, can peer to peer lending be an option in investment and searching for capital money for hard times of Indonesia down the road?
Advantages P2P Lending for Investors
Is there a the very first thing lenders see before giving loan investments to entrepreneurs who apply? Naturally will be the prospect in the progression of the organization whether or not it can earn money or otherwise not. Not infrequently investors fail to issue loan funds because they’re less more comfortable with the credibility from the borrower. But through the lending marketplace or Peer to Peer Lending Indonesia, investors could be more confident in investing because borrowers that have joined this marketplace continues to be filtered before. Other attributes of joining P2P lending platforms such as SOFIS include:
The entire process of investment is faster and easier.
Everyone can participate becoming a borrower of either a company, a business person, or perhaps person 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 can be quite a strategy to diversify ignore the for risk sharing. Investors can take advantage of a greater return value in contrast to channeling investment funds through lending banks.
Advantages of P2P Lending for borrowers
An advanced entrepreneur, when gonna submit an application for SME loan something that turn into a consideration is the amount of interest rates set by banking institutions that offer credit facilities. So nevertheless for folks who need to make an application for loans for personal needs such as employee loans or fund children’s education. So the main benefit of joining SOFIS as a P2P lending platform would be that the rate of interest is lower set by other credit finance institutions.
Furthermore, there are several advantages that could be enjoyed by borrower include:
1. A much easier money advance application with simpler terms than looking for a loan to a bank and other lender.
2. SOFIS provides loans to the people along with business loans. Individual loans works extremely well for home renovation, plastic card payment loans, employee loans, and micro loans. While unsecured commercial loans, SOFIS serves business capital, receivable financing (max. As much as IDR 250 million), and contract financing (max. Approximately IDR 1 billion).
3. SOFIS provides a a low interest rate rate and is also adjusted depending on the borrower’s risk assessment. The borrower is going to be classified in loan grade beginning with A1-C3 to look for the interest being borne.
Exploring the various benefits that can be obtained either for investors and for borrowers, of course P2P Lending platform like https://sofis.id will make modifications in the dynamics of economic services in Indonesia. Now individuals companies that want funds can with less effort get investors who trust the objective of lending, and investors have other methods to invest or channel funds to the more needy. With easy loan way, naturally can help in improving prosperity of Indonesian community.
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