Private in Indonesia
Sinarmas is one of the largest conglomerates in Indonesia which has numerous business operations in different sectors such as pulp & paper, financial services, agribusiness, telecommunications, and mining. Sinarmas Multiartha has requested WGS to build a prototype peer to peer lending application as a solution for individuals, especially for micro businesses & eCommerce users.
This application connects borrowers and investors directly through the online platform. They don’t have to go back and forth, visiting the bank physically to process the required documents and waste time in wait. The application offers maximum result for the borrowers with low loan rates. Now, this app makes it possible for people to borrow some money simply by sitting in your armchair.
We’d like to share on some of the interesting features
A business certainly needs fund to operate, and small businesses are looking for more practical solutions to get some loan.
Peer to Peer Lending application offers a viable alternative for urgent financial need and small businesses who don’t qualify to apply for bank financing.
P2P Lending could be run well when there are enough investors and borrowers with not too tight requirements to register to the platform. Closed loop P2P Lending is the best way to start P2P Lending business because the investor and platform know best who will borrow from them.
The application has an easy and fast online process with low-interest rates and no hidden fees comparing to a loan process in traditional financial institutions.
You have questions about our services or would you like to discuss your project? Contact us to schedule a call or a meeting. We will get back to you within the next 24 to 48 hours.Contact Us