Kuflink News

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 concept is old. We can

Bridging loans are a type of short-term funding designed to meet the emergency needs of borrowers. They provide quick funding along with many other benefits, such as flexible eligibility criteria. However, the interest rate of bridging financing is higher than other types of borrowing, but it can help to resolve short-term financial issues.  Some common situations where you can use bridging loans include purchasing a property before the sale of an existing one, buying a property at auction, or renovating a property before the sale to increase its value. Therefore, the need for bridging finance is quite pressing, but you may be thinking about how much you have to wait to get approval for this type of loan.  Here in this article, we are going to explain how fast you can get a bridging loan. But first, you should understand whether it is the right option for you or not. Is A Bridging Loan Right For You?  You can take a bridging loan from direct bridging lenders, p2p lending platforms, or

Bridging finance comes to mind when you think about purchasing a property and selling an existing one. Have you ever considered what decides the property market trends and how bridging loans are suitable?  Most new investors and developers can’t understand the connection between the overall economic situation and the housing market. Surprisingly, the single housing sector is the cog in the economic wheel of every country, let alone the UK. Thus, it is more than necessary to keep an eye on the housing market and how it translates to the bigger picture.  In this article, we have outlined the importance of the property market, its major implications on the economy, and the importance of bridging loans. So, stay tuned if you want to know where the market is heading.