Kuflink News

Buying a property has always been challenging in the UK. With the benefit of bridging finance, you can buy a property before selling an existing one.  People don’t have enough cash to put a huge sum into a house. That’s why they need loans.  Bridging finance with all its lucrative benefits comes to mind for every seasoned house buyer or investor. Why is it so?  You are at the right place if you still don’t know how this alternative finance helps you in the property market.  This article will help you understand how swing loans can be an option to buy residential or commercial property.  What are Bridging Loans?  Swing loans or alternative finance are the types of loans that connect two different financial situations with lent money.  A bridging loan is a short-term money used to bridge gaps while using that money for different purposes. Repayments are done once in a few years term along with interest.  People have different aspirations with money....

Need fast cash to cope with your expenses? P2P lending is a good option. We all know that inflation in the UK and elsewhere is squeezing wealth.  If the situation continues, the banks will soon turn a blind eye towards lending money. A World Bank press release opens up everything regarding the upcoming recession in 2023.  We can smell an ominous credit crunch in the upcoming years. Thus, you must prepare yourself before traditional financial institutions fall like a house of cards.  Alternative finance has always been the black horse in the financial world. Since the days of the last market crash in 2008, it's going up the market ladder with leaps and bounds.  Today, we will discuss what P2P lending is, how you can borrow money, and the costs involved. So, stay with us if you want fast cash.  What is Peer-to-Peer Lending? Peer to Peer lending is a type of alternative finance that facilitates borrowers and lenders to come on a single platform and help each other ...

A disruption in any industry is always met with distrust, if not utter opposition. That’s what happened when Peer-to-Peer lending came onto the scene of the lending marketplace.  Initially, people would take it with a pinch of salt and often attribute it to something shady or a niche market.  Only after the fall of Wall Street in 2008 did investors and borrowers lose their confidence in the traditional banking sector.  Soon they came like a herd of galloping cattle coming to the water pond. Since inflation drew the wedge in running a successful business, SMEs searched for out-of-the-box finance options.  That’s how P2P became an alternative lending option available to borrowers in the UK and worldwide. But that’s not the whole story.  We are going to break down the milestones of the P2P lending concept and try to expand on its current popularity in this article. A Brief History of Peer-to-Peer Exchange of Value: P2P lending seems like a new thing, but the basic...