Brief analysis of peer to peer business lending in us

Brief Analysis of Peer-to-Peer Business Lending in US

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There are many ways for small businesses to source for loans now.

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Bank loans take a long processing time.

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Grants are not repayable.

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When grants are available, there is usually too much competition for them.

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Grants are usually in the form of government intervention.

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P2p allows lenders to directly fund small businesses.

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Funding circle expanded to the US by merging with Endurance Lending Network.

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When investors fund your business, you lose some claim to the business.

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Lending Club and Prosper were the two p2p lending business in the US.

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The competition in the p2p lending space has increased because of its lucrative nature.

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Read the full article: https://businessloans.wordchapter.com/briefanalysis-of-peer-to-peer-business-lending-inus/

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