{"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='FinNext 2018 conference to be held in Moscow on February 15th'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/finnext-2018-conference-to-be-held-in-moscow-on-february-15th\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/5a3d21b270eba-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8535\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8535'>\n\t\t\t\tFinNext 2018 conference to be held in Moscow on February 15th\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Banks reviewing how consumers get perks from income cards'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/banks-reviewing-how-consumers-get-perks-from-income-cards\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/16384-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13632\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13632'>\n\t\t\t\tBanks reviewing how consumers get perks from income cards\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='National Bank of Tajikistan asks consumers to report bank shortcomings'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/national-bank-of-tajikistan-asks-consumers-to-report-bank-shortcomings\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/national-bank-of-tajikistan-asks-consumers-to-report-bank-shortcomings-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12850\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12850'>\n\t\t\t\tNational Bank of Tajikistan asks consumers to report bank shortcomings\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}]}}