January 15, 2015
Lending has one of the most innovative financial products of recent times. It enables creditworthy borrowers lower their cost of loans and individual lenders/investors to lend directly to their peers and community thereby earning higher returns. The new breed of lending companies offer affordable lending facilities especially to the SME market. Recent estimates claim that this sector could be a trillion dollar industry within the next decade. Here are some prominent upstarts contributing to the sector:
The company gives that extra edge to small and medium businesses (SMBs) when it comes to financing. It offers loans upto $10,000 to SMBs with feasible interest rates. Behalf assesses multiple factors to determine credit worthiness of the borrower and also determines optimal payback period based on the same ...