Peer to Peer Lending License in India
05/06/2020 Financial & Legal Services
Price: 201301.00 ₹
Description
Peer to Peer (P2P) lending platform is basically an online platform to raise loans which are to be paid back with interest. The borrower may either be an individual or a legal entity. The online platform may set the interest rate to be charged on the loans or it may be decided mutually between the parties. P2P lending has been proved best for the startups & entrepreneurs to kick start their business as they need seed or venture funding. While if we talk about taking a loan from the bank; it charges a higher rate of interest. On this platform, entrepreneurs can easily borrow money from individuals.
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Aalia Singh
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