INDIA PEER TO PEER LOAN FOR BUSINESS INDIA P2P LENDING FOR ENTREPRENEUR
In India, P2P (peer to peer) lending for business and entrepreneur is defined by accredit facility which granted through a private investor who lends money to an Indian businessman without involving an Indian bank.
In India, a P2P business loan is gaining in importance for entrepreneurs who are facing the ban's conservatism, and peer to peer lending is very common as the Indian SME P2P lenders propose small loans to existing businesses, usually Indian trading entities.
In India, a P2P loan for business entreprises such as SMEs gives the option either to be unsecured or backed against the company’s assets which can consist on stocks, receivables or properties additionally SMS P2P loans can be also secured through a personal guarantee.
In India, P2P lending for entrepreneur serves mainly to finance working capital, the acquisition of new assets or expand the existing business, also lending to businessmen on P2P basis is an excellent alternative to banks who have severe financing criteria involving often a complex documentation.