B2B lending is similar to Peer-to-peer lending but aimed for businesses. It enables Small and Midsize Enterprise (SME) to receive the necessary funding for growth directly from a set of online investors both individual and institutional. … With B2B, you’re able to build a financial service that works for you.
Similarly one may ask, how many types of commercial loans are there?
There are nine major types of commercial loans – permanent loans, bridge loans, commercial construction loans, takeout loans, conduit loans, SBA 7a loans, SBA 504 loans, USDA Business and Industries loans, and hypothecations.
Simply so, what are 4 types of loans commercial banks make?
Whether you’re looking to purchase office space or need funds for that next phase in your business strategy, here are your main options.
- Commercial Real Estate Loan. …
- Business Line of Credit. …
- Equipment Financing. …
- Term Loan. …
- Commercial Construction Loans. …
- Commercial Auto Loan. …
- SBA Loan. …
- Bridge Loans.
What are typical terms for a commercial loan?
Unlike residential loans, the terms of commercial loans typically range from five years (or less) to 20 years, and the amortization period is often longer than the term of the loan. A lender, for example, might make a commercial loan for a term of seven years with an amortization period of 30 years.
What is a B2C website?
Business-to-consumer refers to the process of businesses selling products and services directly to consumers, with no middle person. B2C typically refers to online retailers who sell products and services to consumers through the Internet.
What type of loan is a commercial mortgage?
Commercial mortgage loans are similar to traditional mortgage loans; but instead of borrowing money to buy residential property, you secure any land or property for commercial purposes.
Which is the best P2P lending sites in India?
Platforms Facilitating Peer-to-Peer Lending in India
Name of the P2P Platform | Interest Rate (p.a.) | Repayment Tenure |
---|---|---|
Lendbox | 12% onwards | 6 months to 24 months |
i2ifunding | 12% onwards | 3 months to 36 months |
Faircent | 9.99% onwards | 6 months to 36 months |
OMLP2P | 10.99% onwards | 3 months and 36 months |