Raising Funds for Your Start-up? Get a P2P Business Loan at Lowest Rates

Posted by faircentp2p on December 26th, 2018

With fast progressing Fintech in India, it is very easy to get a business loan approved. You can apply for a low-interest rate business loan with Peer to Peer lending platforms. Check your loan eligibility now!

For most start-ups, the biggest challenge is usually the acquisition of funds, especially when you don’t know where to start from. Confiding to your business revenue and trailing the incorrect path would always keep you away from giving your business much-required acceleration. Today there are a plethora of ways for securing capital for your business. As an SME, one of the easiest and cheapest ways to raise funds is by means of online Peer to Peer (P2P) credit marketplaces. Here is all that you need to know about Peer to Peer Lending –

What is Peer to Peer (P2P) lending?

Peer-to-peer lending is also known as social lending or ‘person to person’ lending is a new of lending money online that makes business borrowing simple. It is a type of crowd-funding used to raise personal loans or business loans for people who need money, from the individual or institutional investors who want to invest in loans. It extends credit to the individuals and enables investment in credit products without the intermediary financial institution. Ultimately creating a win-win situation for both the participating parties. Loan seekers get the credit at best rate of interest and investors can invest in high yield investment product to earn rewarding annual returns.

Some compelling reasons to choose P2P lending for business funding –

  1. P2P lending platforms promote an alternative form of finances. It provides an additional channel to supply finances where traditional financing options can’t reach.
  2. You get the best possible rates starting @12% p.a. that leads to a tangible gain in long-term.
  3. You can easily get a loan amount of up to INR 10 lacs approved in minimum time.
  4. You can find all online money lenders in one place. Thus, your loan request will get immediate funding decision.
  5. The entire loan application process is online and convivence doesn’t end here the documentation and verification process is minimum.

How to apply for a Business Loan for a P2P lending platform?

If speed and ease of access is a top priority to you, then Peer to Peer lending platforms can be your best bet. These online credit marketplaces offer a faster and less expensive alternative to traditional business loans. The entire loan application process online and requires a minimum time for the loan to be approved or denied, from days to weeks. If approved, your loan request will be listed on the platforms to receive funding from a wide range of online money lenders. Again, in just 3-5 working days your loan will get funded. Thus, it offers an immediate funding decision.

Final word!

When you are in need of business loan next apply with confidence at an online P2P lending marketplace. With a wide choice of lenders, your business loan will get the instant funding decision.

Author Bio:

FAI₹CENT is India’s leading Peer to Peer (P2P) lending platform. Our mainstream services are Online Loan – both Personal loan and business funding loan. Or you can lend your money to vetted borrowers to earn great returns on investment. With easy online documentation, quick processing your borrowing request will be get processed in minimum duration.

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