Big banks usually have stringent requirements before granting a business loan. It becomes even harder for SME’s that sell very unique or niche products and services to qualify for a business loan, since these types of businesses are deemed too risky for traditional lenders.
Peer-to-Peer Loans or unsecured small business loan lending are fast becoming excellent options for SME’s because private lenders are able to analyse and understand your business more closely; unlike the big banks with their ‘computerised risk assessment checklist’ approach.
Through our vast network, you’ll be able to access private lenders and funders who employ and analyse fast-tracked financial data to make their decisions. Grow Capital can deliver your benchmark reporting and coordinate the funding approval with these private lenders.