“Alternative financing,” “marketplace lending,” “crowdfunding” — these buzzwords are here to stay, so we think it’s time to define them. As these financial products have grown in popularity, the awareness of how vast this landscape stretches has remained flat. Here’s a breakdown of what these terms mean and the countless opportunities they provide.
What is alternative finance?
The alternative finance revolution came about because the banking industry tightened its lending practices after the Financial Crisis. Unfortunately, demand for loans during the post-crisis economic recovery exploded, and borrowers were forced to start looking for alternatives to traditional financing.
Marketplace lending, crowdfunding, and alternative investing are just three examples of modern products and services that technology and innovation have now made available to customers for the first time.
Marketplace Lending
Marketplace lending involves…
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