{"id":9892,"date":"2018-06-22T11:15:51","date_gmt":"2018-06-22T11:15:51","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=9892"},"modified":"2018-08-10T06:14:33","modified_gmt":"2018-08-10T06:14:33","slug":"the-pros-and-cons-of-alternative-lending","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/the-pros-and-cons-of-alternative-lending\/","title":{"rendered":"The pros and cons of alternative lending"},"content":{"rendered":"<p>With alternative lending becoming increasingly popular, especially among those who find it more difficult to obtain loans from traditional financial institutions, it is worth examining the pros and cons of lending from this sector:<\/p>\n<p><strong>Pros:<\/strong><\/p>\n<ul>\n<li><em>Flexibility<\/em> \u2014 being traditionally more free from regulatory burdens, alternative lenders can usually offer more flexible terms and conditions, including interest-only payments for a period.<\/li>\n<li><em>Fast service<\/em> \u2014 compared to traditional financial institutions, alternative lenders can typically get funds to customers quickly.<\/li>\n<li><em>Experience<\/em>&nbsp;\u2014 alternative lenders have a wealth of experience working with distressed borrowers.&nbsp;<\/li>\n<\/ul>\n<p>&nbsp;<strong>Cons:<\/strong><\/p>\n<ul>\n<li><em>Term length<\/em> \u2014 most alternative loans are for shorter terms.<\/li>\n<li><em>Short-term partnerships<\/em> \u2014 typically, alternative lenders are not viable as long-term financial partners.<\/li>\n<li><em>Cost<\/em> \u2014 alternative loans generally have higher rates and fees associated with them.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-9892 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='FinTech small business solutions pushing traditional financial institutions to modernize'>\n\t\t\t<div class='gallery-icon 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href='https:\/\/bulletins.bfconsulting.com\/en\/iot-ai-and-robotics-to-drive-digital-disruption-fuel-growth\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/12\/iot-ai-and-robotics-to-drive-digital-disruption-fuel-growth-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11980\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11980'>\n\t\t\t\tIoT, AI and robotics to drive digital disruption, fuel growth\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How the sharing economy is changing life as we know it'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-the-sharing-economy-is-changing-life-as-we-know-it\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/08\/crop-agent-giving-keys-to-man_23-2147694416-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-10552\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10552'>\n\t\t\t\tHow the sharing economy is changing life as we know it\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With alternative lending becoming increasingly popular, especially among those who find it more difficult to obtain loans from traditional financial institutions, it is worth examining the pros and cons of lending from this sector: Pros: Flexibility \u2014 being traditionally more free from regulatory burdens, alternative lenders can usually offer more flexible terms and conditions, including &hellip;<\/p>\n","protected":false},"author":5,"featured_media":9909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[77,129],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9892"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=9892"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9892\/revisions"}],"predecessor-version":[{"id":10037,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9892\/revisions\/10037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/9909"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=9892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=9892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=9892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}