Nowadays today having no capital is surely an unacceptable basis for those that desire to manage a business and to grow a small business. There are numerous methods for entrepreneurs including SMEs to obtain capital. For all of us that are still reluctant to apply for a mortgage with interest and sophisticated terms, there are alternatives which can be on your path into success, with peer to look lending or P2P lending. This new financial technology platform connects directly between your lender (investor) and the borrower (borrower) through the peer to see lending platform.
The benefit for investors is because they can provide loans to really qualified borrowers, whereas for borrowers the power is to get a reliable investor because to join system, the working platform company will do your data filtering first to determine its credibility. Due to the user-friendly platform available, can peer to see lending be a possibility in investment and looking for capital for future years of Indonesia down the road?
Advantages P2P Lending for Investors
What is the first thing that lenders see before giving loan investments to entrepreneurs who apply? Of course will be the prospect in the continuing development of the company whether it can generate profits or not. Not infrequently investors don’t issue loan funds since they’re less confident with the credibility with the borrower. But through the lending marketplace or Pinjaman Online, investors could be well informed in investing because borrowers who have joined this marketplace has been filtered before. Other benefits of joining P2P lending platforms including SOFIS include:
The process of investment is faster and easier.
You can now participate to become borrower of sometimes a company, a business owner, or perhaps person that has more funds to channel to entrepreneurs who require funds. Issues previously invested to forms, lending through P2P lending is usually a strategy to diversify neglect the for risk sharing. Investors can also enjoy a higher return value weighed against channeling investment funds through lending banks.
Features of P2P Lending for borrowers
If you’re an entrepreneur, when going to submit an application for SME loan one important thing that become a consideration will be the interest rate rates set by loan companies offering credit facilities. So but in addition those who need to apply for loans form of hosting needs including employee loans or fund children’s education. So the main benefit from joining SOFIS as being a P2P lending platform is that the interest is gloomier set by other credit finance institutions.
In addition, there are lots of advantages that may be enjoyed by borrower include:
1. A faster and easier money advance application process with simpler terms than looking for financing into a bank or another traditional bank.
2. SOFIS provides loans to folks along with commercial loans. Individual loans can be utilized for home rehabilitation, credit card payment loans, employee loans, and micro loans. While unsecured business loans, SOFIS serves business capital, receivable financing (max. Around IDR 250 million), and contract financing (max. Approximately IDR 1 billion).
3. SOFIS offers a low interest rate rate and it is adjusted depending on the borrower’s risk assessment. The borrower is going to be classified in loan grade starting from A1-C3 to ascertain the interest to become borne.
Studying the various benefits that can be obtained with either investors or borrowers, obviously P2P Lending platform like https://sofis.id will make changes in the dynamics of monetary services in Indonesia. Now individuals and firms that want funds can more easily get investors who go along with the objective of lending, and investors produce solutions to invest or channel funds to the more needy. With easy loan way, needless to say may help in improving prosperity of Indonesian community.
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