Archive April 2019

Alternative Financing – How Does It Work? What Are The Options?

 

 

Does alternative financing grow rampant in the world? Is it assertion or assumption? Affirmation! Pray the saying that we are stronger when we collaborate and work together. This seems to have become increasingly evident in recent years. Collaborative economics and initiatives stemming from collective action are becoming the way to work efficiently and survive the future.

When we analyze the collaborative loan and the alternative financing, this propensity becomes even sharper. But why is collective funding growing in the world? More and more tired of bank controls and the way the economy is governed, people have been looking for alternative solutions that offer more security and freedom.

 

What is alternative financing?

 

 

What is alternative financing?

 

 

Especially when it comes to controlling your finances. The peer-to-peer loan, also known as Lending P2P loan, or crowdfunding are just examples of these trends.

These types of transactions have grown more and more in the world and proven that not everything needs to be passed by the bank. Many people have proven the effectiveness of alternative financing, especially when it comes to investing or raising funds for projects and new ventures. Understand how these collaborative loans work and take a turn in your financial life. 

 

What is the difference between the P2P loan and crowdfunding?

 

What is the difference between the P2P loan and crowdfunding?

 

Crowdfunding and peer-to-peer loans are two types of collaborative loans. In this type of transaction the interested parties do not have to be intermediated by the bank. All trading takes place directly.

Peer-to-peer loan

People-to-people and crowdfunding share a common principle: raising online funding from several people, or investors, who they can recruit through digital platforms. The crucial difference between crowdfunding and P2P loans, or market loan as it is increasingly known, is how to pay your investors.

Crowdfunding

Crowdfunding is a method of getting resources that is usually best suited for start-up companies or for small businesses in distress as it is not necessary to make regular repayments like you would with a bank loan. In the case of crowdfunding, investors generally benefit from actions or products made firsthand.

Most crowdfunding platforms involve selling shares in your company. This scheme is known as stock-based crowdfunding. Some global crowdfunding sites operate a rewards-based scheme where, in return for a contribution, you give your investors the final product you are making.

 

What are alternative loans based on?

 

What are alternative loans based on?

 

The peer-to-peer loan, in turn, is a quick and affordable way to get help in your company’s finances. The essential difference between P2P loans and crowdfunding is that you do not distribute any equity but pay interest on borrowed money – just as you would with a bank loan. P2P loans are considered more suitable for established companies that can meet monthly loan repayments.

In Brazil, both Crowdfunding and peer-to-peer landing are done in a completely digital way, through electronic platforms and applications. The interested in this type of transaction should just download the platform of your choice, put your information and wait for the approval of the loan. Simple and quiet, without having to go through the barriers of the seats. You can use these two types of collaborative loans for student loans, debt payments or acquire a property.

How is the collective financing in Brazil?

 

Alternative financing, although still a novelty in Brazil, has been gaining more and more supporters in the last decade. The first company to do this type of transaction in Brazil is IMPULSO, a member of Aliança Empreendedora, which has been supporting a number of micro-entrepreneurs since 2006, and has been on the web since 2009.

In places like the UK, this system has also become increasingly strong. To get an idea, only 2.8 billion pounds were raised in 2015 through alternative types of funding.

Collaborative funding has grown in the world and it’s no wonder. Both the Crowdfunding collective loan and the ” peer to peer lending P2P loan ” bring innumerable advantages to those who want to invest or need resources. It has fewer risks compared to other types of loans and financing.

If you are looking for where to invest or need a loan to carry out some project, it is worth knowing the mode of collaborative loan and alternative financing. They are revolutionizing the economy and may be the right move for you.

Consigned Credit for Associates and Non-Associate } Credit

 

Sicoob is one of the largest credit cooperatives in Brazil today, has a line of financial products and services that serve individuals, small, medium and large companies and agribusiness producers. One of the products that have grown the most in recent years and offered in Siccob, is Payroll Credit, this type of loan has no bureaucracy, the discount of the monthly installments is made directly on the associate’s payroll.

Associates and “non-members” can count on, besides the Sicoob Consigned Credit , with other financial products such as opening accounts, requesting credit and loans , having credit cards , investing in savings and RDB, securing the future with Sicoob Previ , to finance assets with Sicoob consortium and to avail of several available banking services.

The most interesting thing to participate in being a member of a Credit Union is to be able to share the results obtained, it is worth remembering that the funds raised in the communities themselves are applied for the benefit of the members themselves, besides generating local economy for hundreds of people, jobs and income .

In another moment we will talk about the benefits of being an Associate of Credit Cooperatives, per hour we will understand the “Sicoob Cooperative Credit”.
The Sicoob Consigned Credit is an exclusive loan modality for retirees and pensioners of the INSS, for employees of public companies and private companies. The discount of the installments is fixed and does not change during the plan, it is made directly to the INSS benefit or to the contractor’s paycheck.

Who can make the Sicoob Consigned Credit? Both associates and non-members of Sicoob can carry out the loan without bureaucracy, with speed and facilities. The advantages of the Sicoob Consigned Credit are many: Easy hiring, quick release of the loan and, does not query the SPC and Serasa Experian, approval does not depend on guarantor, the money falls directly into the contractor’s current account, interest rates are very high competitive.

Consigned Credit 

Consigned Credit 

 

The ” Sicoob INSS Payroll Credit ” is a loan line specially created to grant low-interest loan money to retirees and pensioners of the INSS. The value of the monthly installments are fixed and discounted directly to the benefit, without stress with tickets or bills. The approval and release of credit is for both associates and non- members of Sicoob .

Consigned Credit Public Server 

Consigned Credit Public Server 

The ” Sicoob Public Servicer Credit ” is a loan directed exclusively to civil servants and civil servants. The line of loan offers many advantages and conditions better than the one offered in the market, fast money, easy and without red tape to do what you want. The installments are deducted from the paycheck every month until the end of the contract.

Private Payroll Credit 

Private Payroll Credit 

 

With this loan line, Sicoob benefits with the release of credit with differentiated conditions the employees of private companies and agreed with the Cooperative.

An excellent way to help borrowers at relatively low interest rates on CLT workers. The contractor does not need to be an associate of Sicoob to apply for the ” Sicoob Private Sector Approved Credit “. Rates are competitive and fixed installments are directly discounted on paycheck or payroll.

 

Credit unions for negatives

Credit unions for negatives

 

 

Many money lending companies offer and release the disputed loan to negative but the application of excessive interest rates, however, does not have the query to score, history and score in the SPC, Serasa and Boa Vista.

The loan in cooperatives to negative Sicoob can be a great chance the associate to get even state with problems in name with the great advantages of taking the loans with very low interest rates compared to the done in financials like Crefisa and others.

Remember to hire your loans based on the responsibility of not getting into debt, do not ask for more than you actually need, because the less money, the more you pay and the interest on the debtor balance is much lower.