It is increasingly common to find new financing alternatives to the well-known loans that can be obtained through financial institutions of a lifetime. And it is not surprising that there are new and more varied alternatives, especially if we take into account that during the crisis banks have practically refused to offer loans to companies and individuals, which has caused an even greater downturn in our economy.
And among the multiple alternatives that have appeared in Spain, especially since 2012, and that have come to stay, there is undoubtedly crowdlending, a very real and attractive financing alternative that allows liquidity to be obtained for many people and companies. That they could not obtain it in the classic financial entities.
These platforms are characterized by having become a way of financing in a participatory way and that allows managing loans between individuals and between companies. Although in Spain it may seem like a somewhat recent alternative, the truth is that these types of platforms have been successfully operating in other countries for many years. A clear example where crowdlending is already a part of the financial day to day is the United Kingdom.
A well-crafted model that provides assured benefits for the lenders that are part of these platforms. In fact, unlike what happens with crowdfunding, where lenders obtain benefits depending on the profitability of the company in which they participate, with crowdlending private lenders always recover the invested capital and some interesting interests for their contribution.
However, both crowdlending and crowdfunding share something in common: investment risk. In both cases, whether the company being financed fails or defaults, the investor is directly affected. For this reason, crowdlending platforms are in charge of accepting only companies (usually SMEs) that are seeking financing and that are relatively safe. This way scares are avoided in the long run.
To ensure the maximum possible investment by private lenders within these platforms, only SMEs that have been operating for more than two years and making profits are accepted. In addition, the average capital requested by this type of company is around $ 30,000.
Nowadays, the world of crowdlending is becoming safer and little by little it is being regulated within our borders. In fact, according to the data offered by the National Securities Market Commission (CNMV), there are already many platforms that operate with authorization and many others that are waiting to obtain the corresponding authorization. A clear example of the market moving.