Business Loan

How do balloon loans work?

Balloon loans are, basically, any type of loans with a special system of payments, called “balloon”. Mortgages and car loans are the most common loans with a balloon payment and it has several reasons why. Balloon loans can be a highly beneficial alternative to traditional loans as it has a special structure of payments thatContinue reading

p2p lenders

Peer-to-Peer Lending as an Alternative to Bank Loans

Taking a loan in a bank can be tough. In order to get your loan approved your credit history and financial statements need to fit bank’s standards. And although most of the banks have common standards for debt approval (they vary insignificantly) there is still a probability that you won’t fit those and fail toContinue reading