Would you lend to an SME?
In 2020 small and medium businesses received loans worth tens of millions of dollars from global financial organizations. The lending volume was growing 20-25% on average from quarter to quarter. As a result, the amount of debt small and medium businesses owe financial institutions has increased by more than 50%, while delinquency rates dropped by just 2%.
Small business loans serve as a great source of profit for a lot of people, but here at AMPLIFY we believe that lending to businesses shouldn’t turn into debt bondage, and instead be simple and understandable to all parties. This is why we are creating a unique project that you can join right now. In our system, businesses will be able to:
🔹 Borrow and lend easily
🔹 Tokenize off-chain assets for collateralization
🔹 Sell and buy invoices
Individuals Will Be Able To:
🔹 Earn by lending
🔹 Decide who qualifies for loans
💬 What do you say? On what terms would you lend to an SME?
In 2020 small and medium businesses received loans worth tens of millions of dollars from global financial organizations. The lending volume was growing 20-25% on average from quarter to quarter. As a result, the amount of debt small and medium businesses owe financial institutions has increased by more than 50%, while delinquency rates dropped by just 2%.
Small business loans serve as a great source of profit for a lot of people, but here at AMPLIFY we believe that lending to businesses shouldn’t turn into debt bondage, and instead be simple and understandable to all parties. This is why we are creating a unique project that you can join right now. In our system, businesses will be able to:
🔹 Borrow and lend easily
🔹 Tokenize off-chain assets for collateralization
🔹 Sell and buy invoices
Individuals Will Be Able To:
🔹 Earn by lending
🔹 Decide who qualifies for loans
💬 What do you say? On what terms would you lend to an SME?