US EditionWhy Investment Crowdfunding Might Be the Best Alternative to a Bank Loan
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The lending platform smava (website) and the digital SME financier iwoca (website) are entering into a strategic partnership. This will give SMEs and the self-employed access to financing of up to €500,000, with loan decisions within 48 hours. For this collaboration, the financier is extending its loan term from 24 to 60 months. Over the past two years,... The article "Iwoca and Smava cooperate as an alternative to restrictive SME bank loans" fi…
Exclusively: With a new cooperation, the credit intermediary Smava will also open up for corporate customers in the future. For this purpose, the Berlin-based Fintech works together with the German-British provider Iwoca. So far, the focus of the Smava credit platform has been on private customers, who can compare loans for a car or a solar system via the provider. With this business, the Berlin-based company is one of the largest fintechs in th…
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