In our contemporary world today without capital can be an unacceptable reason behind people that wish to chance a business and to grow an enterprise. There are lots of techniques for entrepreneurs including SMEs to obtain capital. For all of us that are still not wanting to obtain a mortgage with interest and sophisticated terms, you’ll find alternatives that could be your path into success, with peer to see lending or P2P lending. This new financial technology platform connects directly between your lender (investor) as well as the borrower (borrower) through the peer to see lending platform.
The advantage for investors is because provides business loans to genuinely qualified borrowers, whereas for borrowers the power is to find a reliable investor because to sign up the working platform, the platform company can do the data filtering first to ascertain its credibility. Given the easy to use platform available, can peer to peer lending be an option in investment and seeking for capital money for hard times 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 may be the prospect in the development of the company whether or not this can earn money or otherwise not. Not infrequently investors are not able to issue loan funds since they’re less at ease with the credibility in the borrower. But from the lending marketplace or SOFIS, investors can be well informed in investing because borrowers who’ve joined this marketplace may be filtered before. Other attributes of joining P2P lending platforms including SOFIS include:
The operation of investment is faster and simpler.
Now you may participate to be a borrower of whether company, a business owner, or an one that has more funds to channel to entrepreneurs who want funds. In case you have previously invested to forms, lending through P2P lending can be quite a way to diversify your investment for risk sharing. Investors can take advantage of a higher return value weighed against channeling investment funds through lending banks.
Advantages of P2P Lending for borrowers
An advanced entrepreneur, when planning to apply for SME loan one important thing that turn into a consideration may be the amount of interest rates set by banking institutions that provide credit facilities. So furthermore people who desire to sign up for loans form of hosting needs for example employee loans or to fund children’s education. And so the main advantage of joining SOFIS as being a P2P lending platform would be that the interest rate is less set by other credit banking companies.
Furthermore, there are many advantages that could be enjoyed by borrower include:
1. A faster and easier cash loan application with simpler terms than applying for financing into a bank or another financial institution.
2. SOFIS provides loans to individuals as well as loans. Individual loans can be utilized for home renovation, plastic card payment loans, employee loans, and micro loans. While unsecured loans, SOFIS serves business capital, receivable financing (max. Around IDR 250 million), and contract financing (max. Up to IDR 1 billion).
3. SOFIS offers a low interest rate which is adjusted in line with the borrower’s risk assessment. You will likely be classified in loan grade beginning with A1-C3 to discover the amount of interest being borne.
Studying the various benefits which can be obtained because of investors and for borrowers, of course P2P Lending platform like https://sofis.id can make alterations in the dynamics of monetary services in Indonesia. Now individuals and corporations that want funds can quicker get investors who go along with the purpose of lending, and investors create ways to invest or channel funds to the more needy. With easy loan way, naturally might help in improving prosperity of Indonesian community.
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