Looking to finance your small business with a good loan?
It is a common scenario and many financial institutions are willing to lend you money, however, some are better than others, and that is the case for Bitbond, one of the leading small business lending platforms in 2019.
In this review I will let you know everything about it, so you can see why it is a good alternative for financing your business.
More about Bitbond – All the Details
It is a peer-to-peer platform, in simple words, they introduce businesses to investors and borrowers with the interest and capacity to finance small business loans, which range from $1,000 USD to $25,000 USD.
It is unique in the sense that it makes much easier to get small business loans, which is a common problem for many companies. Perhaps you can relate to this, but worry not, because Bitbond makes it much more accessible.
They also bring multiple financing options:
- US Dollars
- Kenyan Shillings
As you can see, they are run using the power of blockchain and cryptocurrencies. Another huge difference that makes it outstand from the crowd.
The Pros and Cons – The Good and the Bad of Bitbond
- Cutting edge blockchain technology – which makes it possible to offer this service
- Lower and fully transparent fees and interest rate – beating most of the competition
- No minimum credit score – you can apply regardless of your financial situation
- Loans brought by investors – hence you have higher chances of getting it
- No bank account – making it accessible for small businesses around the globe
- Ideal for online businesses – for example if you run an online eCommerce shop
- It doesn’t bring the loans, it only connects you with investors
- Origination fee (one time)
As you can see, it is a revolutionary concept that uses the power and flexibility of blockchain technology to connect you with investors willing to fund your small business.
You only have to present it positively and show proofs that it is profitable and in profit zone, so investors can lend you money with confidence.
Therefore, if you have no options for getting a small business loan with traditional institutions, Bitbond may be the perfect solution for your problem.
Why Trust Bitbond?
Because it is already being used by several investors and small businesses, using its blockchain to finance loans and help companies grow.
That is the beauty of this concept, because it allows small businesses, especially those in undeserved regions to have a chance of getting finance to grow.
I recommend you to check it out, because personally, I trust it and I love the concept behind it, because it is doing something positive for all of us.
As you can see, it is a revolutionary concept that is already working, and therefore, I recommend it to you with confidence.
Go and check it out, you will love it.
I hope that my review helped you!