Getting a loan has become easy especially with the presence of the internet where almost everything can be done online. Most financial services providers have capitalised on the presence of the online system and have created a system that enables people to apply for a loan in the comfort of their homes.
RainFin is among the financial services providers that have made use of online lending system. RainFin is an online lending marketplace that links borrowers seeking transparent, cost effective loans with lenders wanting great returns.
The financial institute is a first of its kind in the country and corporate institutions can now obtain funding from RainFin’s collective network of lenders. What does this mean? This means lenders can now offer medium term loans to respectable, high quality well-known corporates, providing them with the same efficiency and suppleness to improve bigger enterprise opportunities, faster.
This is what corporations need to know about RainFin Loans:
- Raising finance through RainFin creates competitive pricing and generates brand awareness and loyalty
- An eligible corporate needs to have a good credit rating determined by a reputable credit rating agency or banking institution
- An origination and annual facility agent fee for administration, marketing and management will be charged
- Charges are negotiated on a loan-by-loan basis
The financial institution allows small to medium businesses to access finance from a community of lenders. With a deeper understanding of a business’ life cycle to succeed, the organisation made an exceptional score card that takes a complete look at a business’ overall financial health, its forthcoming cashflow potential and general company solvency.
With all the above information, RainFin is rated as the smartest way for businesses to acquire finance in a fast, efficient and flexible way.