Sunday 12 October 2014

Are You Prepared for a Debt Based Crowdfunding Loan?

Are You Prepared for a Debt Based Crowdfunding Loan?





Inherently, crowdfunding campaigns come
with a level of risk and responsibility. For rewards and donation crowdfunding,
the responsibility falls on the project manager’s shoulders to deliver on
promises. For equity crowdfunding, investors expect smart business decisions
that foster growth and profitability. For debt crowdfunding, loan applicants
simply need to repay borrowed funds. In this final instance, the risk is
defaulting and the responsibility is ensuring this doesn’t happen. So even if
you have the means
to secure a debt-crowdfunding loan
, consider your risks and responsibilities
in order to gauge how ready you are to commit to an investor. 

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