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Alternative Finance blog

What can happen if you default on a business loan?

What can happen if you default on a business loan?

Posted 3 years ago

If you are aware that you won’t be able to meet your monthly loan repayment the best course of action is to call your lender and let them know. Most lenders would prefer to work on a repayment..

Tagged: business loan alternative finance default unsecured loan secured loan avoiding a loan default renegotiate loan terms

6 things to check closely before applying for a crowdfunding loan

Posted 3 years ago

There is an alternative to traditional lending from a Bank, debt crowd-funding and peer-to-peer lending. There are risks for the companies doing the borrowing, just as there are for the lenders. Her..

Tagged: loans finance crowdfunding equity debt secured loans banks start ups smes business funding credit check

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