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Is it Right for a Business Capital Solution with a P2P Lending Loan?



Do you own a business and are planning to borrow money for capital? If so, are you wondering whether or not a business capital solution with a P2P Lending loan is right?

If you are starting a business and want to borrow capital other than a bank, then you are in the right place!

Capital Financing Solutions for Micro, Small and Medium Enterprises

Capital Financing Solutions for Micro, Small and Medium Enterprises

Yesterday, when I was meeting my friend at a school reunion, my friend confided about his plan to start his own business.

He told me:

“If you want to start a business it’s hard to find a loan.”

My friend complained, he said, to get a loan from the bank, it was difficult for new pioneering entrepreneurs because there were limitations to the requirements.

Hearing my friend’s story, I was disappointed. How can a business grow if you start it is already complicated like this? Even though the MSME business has a very large contribution to the Indonesian economy.

All entrepreneurs definitely want to see their business grow rapidly. To achieve this desire, of course there are processes and challenges that must be passed. This is one of the challenges that is often experienced by MSME business entrepreneurs is the constraints of limited capital.

This happens, because the MSME business is called a small business, so the choice to get capital is limited. Based on data from the World Bank, in 2017, 42% of Indonesians choose their families or siblings as a reliable source of loans for business capital of the Indonesian community.

Then, in the second place with a 12% percentage there are banks or other financial institutions. It is known, the lack of public interest to borrow from banks is due to the length of the process that must be passed to get a loan. In addition, funding proposals have not been accepted.

Furthermore, the third rank is occupied by informal leaders or commonly known as loan sharks, with a percentage of 3%. From the data above, it can be concluded that many employers prefer to borrow from family or relatives rather than to banks or other financial institutions.

According to Gerald Lunati, deputy chairman of the Indonesian Fintech Association ( and Co-Founder & CEO Investree, said that the majority of banks and other institutions consider shop owners or online sellers, the majority of whom are MSMEs as a community that is not accessible to banks, or referred to as ‘ unbankable.

Gerald Lunati, Deputy Chair of the Indonesian Fintech Association and CEO of Investree.

Although the process is difficult, submitting business loans to banks and financial institutions is still the most common choice. Financial institutions that can provide loans are banks, pawnshops, and leasing institutions. The obstacle that is often experienced is that these financial institutions require the existence of an asset guarantee, as well as a minimum business scale before providing a loan.

For those of you who have large-scale business, of course this will not be a problem. However, if you are a businessman who is just about to enter the business world and your business scale is still small, of course these conditions are quite burdensome.

With these limitations, many new business people find it difficult to develop their business which has good prospects due to limited capital. Difficult procedures and the length of time from submission to the decision to be able to borrow very long and long add to the difficulties for new business people.

Seeing the bitter reality above, you don’t need to worry. Now, you new business people who want to apply for a capital loan, can use a money lending fintech platform called P2P Lending. Oh yeah, as an entrepreneur, do you know that making a good and detailed business financial plan is one of the main keys to having a successful business?

In planning your business finances, you must be able to separate your personal cash flow and business cash flow so that your business runs smoothly.

Business Capital Solutions with P2P Lending Loans

Business Capital Solutions with P2P Lending Loans

What is Peer To Peer Lending or commonly called P2P Lending? P2P Lending is a marketplace that brings together investors and parties who need funds (debtors). In practice, P2P Lending companies facilitate one party to lend funds to other parties ( peers ) without going through financial institutions such as banks. The type of financing itself is financing receivables, so that investors will place their funds to finance the debtor’s receivables before they are paid by debtor debits.

P2P Lending provides an easy application process for loan applications, both for business capital, education loans and health loans. In P2P Lending, investors are given the freedom to choose their own types of MSMEs to help. Every MSME or borrower has a different level of risk and rate of return. The greater the risk of the borrower chosen, the higher the yield provided.

From the borrower’s side, P2P Lending is considered to be very suitable for its small business because its products do not require assets or guarantees. Credit worthiness is assessed through a business and financial health data from the business.

Peer To Peer Lending has now become a business phenomenon that occurs throughout the world. In the United States, P2P Lending players have a business worth hundreds of millions of dollars and have grown. Then, why is P2P Lending the right solution for financing MSME business capital?

Advantage # 1: Easy Process and Fast Time

If you are still constrained by a bank loan, the process is complicated, then P2P Lending can be your answer all this time!

Business capital financing through P2P Lending will also make it easier for you to go through the application filling process. There will be no convoluted process, from the beginning you submit until the funds are liquid.

If you apply for venture capital to a bank, you will need months before the funds approved by the bank can be disbursed. This is inversely proportional to P2P Lending, where to finance P2P Lending business capital can fulfill your loan in just a matter of days even in a matter of hours.

Advantage # 2: Can Choose the Amount of Loan

If you have already applied for a capital loan to a bank, surely the bank will limit the capital loan they will provide, a maximum of only IDR 300 million for small and medium enterprises. Unlike P2P Lending, loans at P2P Lending provide a loan limit of up to Rp2 billion without collateral.

Why can P2P Lending provide a greater limit than the bank? The reason is that you can get a loan of more than one investor, so you can get a loan limit that is greater than the loan limit at the bank.

Providing business capital loans to more than one investor is called crowdfunding. This Crowdfunding provides capital together from various investors who share the same vision and mission.

This concept can benefit both parties. For investors, he has many choices for investment and can diversify his investment. As for the debtor, he can get a capital loan that is much larger and certainly faster than applying for a venture capital loan to a bank or other financial institution.

Advantage # 3: P2P Lending has been monitored by OJK

For those of you who are still hesitant to apply for a business capital loan through P2P Lending, you don’t need to worry anymore because P2P Lending has been monitored by the OJK.

So P2P Lending has officially become a financial lending institution and of course it has been licensed. So, you don’t need to hesitate about this P2P Lending.

P2P Lending is the Right Solution for Your Business

P2P Lending is the Right Solution for Your Business

The existence of P2P Lending will certainly greatly facilitate you, especially for those of you who just want to start a business but do not know where the place of submission of capital is fast and guaranteed.

Make sure you have learned every advantage and disadvantage when you take steps for your business. Also make sure you are ready when you go into business.

After reading this article, I am sure you already know that a venture capital solution with P2P loans can help your business.

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