The lending platforms for small and medium-sized companies are beginning to appear on the Brazilian Internet as alternatives to solve the difficulty of obtaining credit in traditional banks and financial institutions. These platforms on their sites offer interest rates lower than the market average and also differentiated financing conditions for companies that need to contribute.
Online loans have helped both individuals (personal loan), even those who are negative ( loan to negative or restricted ), and now they come up with loans for small and medium-sized P2P and peer to peer lending better known as loan collective or collaborative.
The scenario of taking credit for companies in Brazil is not very friendly, just to have an idea, only about 30% of Brazilian companies that borrow or borrow from private banks can get the credit. With such a small approval rating, we can understand why financial hardship is one of the problems that most kill businesses in the country. The lack of credit poses a giant obstacle in the development of new products, services and innovative projects. In addition, it prematurely eliminates the generation of new jobs.
Enterprise lending platforms
Those who are following the financial market must have realized that in the last two years dozens of fintechs have emerged that have chosen mainly the online loans segment, they offer with their technological and innovative platforms what banks neglected for years, which is the agility in obtaining credit and financial services.
Online lending platforms are not financial, they are usually companies that represent banks and credit institutions, a resolution formatted by the Central Bank of Brazil allows fintechs to be business intermediaries acting as bank correspondents.
They are startups who work by lending money from others through pre-established partnerships and covenants. With the support of financial institutions, fintechs formalize the business between credit contractors, investors and banks take care of the onlending of borrowed money.
If you are looking for small to medium sized business loans, we have listed some online P2P lending platforms that provide credit through simple tools that help indebted and enterprising borrowers with reduced or near zero bureaucracy. They tend to offer lower interest rates than the traditional market:
Piracredit loans for companies
The Piracredit intermediates loans for companies that are funded by people and for those who wish to make more profitable investments the platform serves both. Borrow and borrow. For those who do not know, when it comes to collective bargaining (peer-to-peer lending) for small businesses (SMEs) Piracredit thought.
The collective loan, or peer-to-peer lending, allows ordinary people to invest their money directly in projects at Piracredit without the intermediation of a financial institution.
By having this facility, the loan contractor obtains very advantageous interest rates that in banks and the one to whom he is an investor, has the chance to obtain a better profitability. For entrepreneurs, loans for companies start at R $ 3 thousand and up to R $ 500 thousand, the terms vary between 6, 12, 18 and 24 months. Rates range from 1.7% to 6.3% per month. For investors, the platform promises average returns is 22% a year.
Pascuas – Lending platforms
If you own a small or medium business, Pascuas wants to lend money to your company and promises to be the simplest, quickest and most just way to get a business loan. Pascuas is also an online platform that connects companies that need loans with Investors. No bureaucracy and abusive fees. The process is simplified to be fast, efficient and fair.
Pascuas operates in the form of peer-to-peer lending, it intermediates credit operations between small and medium-sized companies with potential investors (individuals). Pascuas offers financing with rates ranging from 1.6% to 2.25% per month for active companies that have revenues starting at R $ 250 thousand.
Discount of receivables, to make more efficient and with lower rates in this type of operation, this is the function of Donkey Exchange. With a more uncomplicated rebate process, ME says that everyone benefits. It acts with suppliers of large corporations and is now broadening its reach to the SME loan market. In practice, the supplier delivers its product or service to a particular company, which registers invoices with their respective maturities on the platform.
“Simplifying the receivables discount so you have more time to focus on your business” is the Donkey Exchange slogan.
Achieve “affordable credit like you’ve never seen” and so promises F (x) an online platform that connects entrepreneurs looking for loans at banks and funds willing to lend to businesses.
This startup works with intelligent algorithms that try to identify companies and financial institutions with similar goals and willing to close deals. But the platform is not for small companies, to participate in the process, F (x) only accepts companies that have a turnover of more than R $ 10 million per year. For those who need working capital or money for the purchase of real estate etc. the F (x) may be a solution.
Omnicredit is an online personal loan company that provides and provides cash credit with the application of interest to web users who are restrained and financially difficult. Serves exclusively people want to make loan to negatives and do not evaluate the CPF with consultations in SPC and Serasa. Omnicredit offer online loan 24 hours a day, 7 days a week without red tape and for the whole of Brazil. You can get loans from $ 500 to $ 3,500
Spesa is a financial institution that grants personal loans even to people who are not. Its target public are civil servants, retirees or pensioners, salaried and self-employed who prove income.
The process of applying for credit can be done in physical stores and also by Spesa Digital 24 hours a day. Spesa’s interest rates are around 19.37% per month with installments that can be requested up to 12 fixed and equal installments. If you really need money, it is expensive but it can help in an emergency.
It is worth mentioning that online business loan platforms will dictate the rules as well as digital accounts and non-annuity cards.