Marketlend Review for Potential Borrowers

Marketlend Founder Leo Tyndall saw an opportunity in being able to bring together small businesses that needed funding and people and small businesses that wanted to invest and earn higher returns on their investments. Tyndall was able to facilitate a platform to enable an online market place for borrowers to present their request for funds application and qualified investors are able to review the application and decide if they want to invest in the request. Investors are able to mitigate their risk through insurance for default and non-payment of the loans and even with the added cost of insurance Marketlend is able to navigate the system and provide investors with a higher rate of return than traditional bank investments. Borrowers are able to access non-traditional financing options for fulfill their working capital needs.

Tyndall saw an opportunity and was able to deliver a peer to peer lending platform that both benefits investors and borrowers at a lower cost than traditional investment and financing options. This financing platform of peer to peer financing with Marketlend has been listed as innovative. What is fascinating about Marketlend it offers investors a platform to make risky investments with high yield with small amounts at a time. Instead of throwing $100,000 into an investment, investors can invest $100 at a time into each capital funding proposal by borrowers. This allows small investors to take control over their investments, where they wouldn’t have been considered for only a mere $100 loan before. Now they can earn high yields and support other small businesses to grow the small business economy through Marketlend Australia.

Marketlend prides itself on their transparency. They are bringing capital to those who need it without the hoops of working with a bank, which traditionally has hidden costs, like overhead, commissions, and shareholders to keep happy. Marketlend takes the excessive fee structure out of the equation and strictly shows borrowers a low rate to borrow funds and is able to provide investors with a higher rate of return for investing in other small businesses.

This review of Marketlend will help you better understand your finance options when it comes to borrowing working capital for your business needs. When you have hit a brick wall with banks and other financial institutions you are able to present your request for funds to Marketlend and potential investors are able to review your capital needs and decide if they want to fund your request. This transaction can save the borrower on high interest bank loans and provide the investor a higher rate of return for their investment.