Press Release (ePRNews.com) - LONDON - Nov 08, 2016 - The company specializing in providing deposit options has announced a new concept of crowd lending that is also known as crowd funding. This is basically a concept wherein the projects or ventures are funded by raising small amounts of money from large numbers of people, typically via the Internet.
It is an approach that taps into the collective efforts of a large pool of individuals. Firstly, through social media and crowd funding platforms and secondly leverages the networks for greater reach and exposure.
When it comes to crowdlending and crowd funding, it is an opposite of the mainstream approach to business finance. In case, you really wish to raise capital in order to start a business or launch a new product, you would need a business plan, proper market research and prototypes and then you need to shop your idea to some wealthy individuals or institutions. The sources from where you can do funding may include banks, angel investors, and venture capital firms and may be some key players of your business.
It is a service that is beneficial for the investors of various projects and ventures. You can also tap in to the benefits of this particular concept by taking the services from iBAN Online. You can simply get the whole information related to the concept online and then can confirm your lending practices in sync with the company.
IbanOnline is a deposit company, wherein you can put your amount of deposit in any of the iBAN products. You also have a leverage to move from a current product to another product and later on move to iBAN account. The company helps you in finding the projects where you can invest your money to get the most benefits keeping in mind the security, entrepreneurship and social values. The best thing is that, iBAN does not take any form of commissions.
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