June 2011
Beginner to intermediate
256 pages
5h 19m
English
Content preview from Get Your Business Funded: Creative Methods for Getting the Money You NeedBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Where to Go from Here?
Online peer-to-peer lending is a relatively new and recent phenomenon. As with almost any new industry, there were bound to be kinks and rough spots that needed to be smoothed over. So, while this funding option offers a lot of promise, it is not without risk to both the borrower and the lender. Be smart and do your homework.
Bottom Line: P2P loans are not easy to get, and the interest rate can be astronomical, so be careful. Indeed, P2P lending issues illustrate why banks are still professional and excellent lending options. Carefully check out the P2P site you choose.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.