The Complete Guide to Crowdfunding and P2P Lending

The Complete Guide to Crowd funding and P2P Lending by T. M. Hoy For most businesses, banks do a lousy job of providing the capital they need to operate. More businesses borrowed money from their suppliers last year ($2. 15 Trillion) than they did from... More

The Complete Guide to Crowd funding and P2P Lending by T. M. Hoy For most businesses, banks do a lousy job of providing the capital they need to operate. More businesses borrowed money from their suppliers last year ($2. 15 Trillion) than they did from banks ($1. 5 Trillion). As another example, of the 27. 5 million companies in the United States, venture capitalists funded about 3800 of them last year, or less than 2/10 s of a percent. Thus a huge number of companies do without the capital they need, or operate with insufficient capital. Consequently, small businesses have had to get creative with financing, and one new method that has become extraordinarily popular is the field known as crowd funding. Also known as crowd financing, equity crowd funding, and variations on the term peer-to-peer lending (P2P), this phenomenon involves individuals pooling their funds through the Internet to support the efforts of others. There are actually three separate kinds of lending going on h Less