A Self-Checklist
Posted: Sun Jan 19, 2025 10:55 am
In the first half of 2023, the crowdlending platform JetLend received about 7.5 thousand applications for funding from small and medium businesses. However, the loan was approved for only 17% of companies — the rest were rejected due to non-compliance with the platform's requirements. In this article, Roman Khoroshev, founder of JetLend, shared the characteristics of a business that will likely be denied funding and explained how to fix it.
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3 Red Flags for a Lender
Small and medium entrepreneurs can obtain funds thailand telegram database for company development in several ways: borrow from relatives, apply for a microloan, get a loan from a bank, or contact an investment platform.
In the first case, the requirements for the borrower will most likely be minimal - usually a guarantee of return in the form of a receipt is enough. This is convenient, but you can't count on large sums.
A business that requires investments of more than 0.5–1 million rubles will most likely have to contact a financial institution. And then there is a risk of being refused – it becomes more likely in several cases.
Subscribe to RB.RU in Telegram
Select a current account at Alfa-Bank - opening and servicing an account for free
3 Red Flags for a Lender
Small and medium entrepreneurs can obtain funds thailand telegram database for company development in several ways: borrow from relatives, apply for a microloan, get a loan from a bank, or contact an investment platform.
In the first case, the requirements for the borrower will most likely be minimal - usually a guarantee of return in the form of a receipt is enough. This is convenient, but you can't count on large sums.
A business that requires investments of more than 0.5–1 million rubles will most likely have to contact a financial institution. And then there is a risk of being refused – it becomes more likely in several cases.