Alternative lending
A modern twist on traditional financial practices, alternative lending encompasses a diverse range of non-bank financing options, empowering borrowers and investors to connect and transact through innovative platforms and unconventional methodologies.
Example
A small business owner seeking financing to expand their operations might explore alternative lending options, such as peer-to-peer lending, crowdfunding, or online lending platforms. These alternatives can provide faster approval processes, more flexible terms, and a streamlined borrowing experience compared to traditional bank loans, enabling the business owner to secure the funds they need to grow and thrive.