A single request to multiple parties
Thanks to the innovative technology of Fintech, for the first time you will have the opportunity to request a loan not only from a financial institution but also from thousands of investors interested in lending you. You will have new possibilities to find the best loan with the conditions that are most favorable to you. This process changes the credit world since you do not depend on the decision of a bank . In this way, you become an actor in your search for funds. By negotiating with a multitude of investors, you can lower your loan interest rates . Invest Latam proposes direct access between companies and investors both in Colombia and abroad to reinforce the flow of loans to SMEs.Why are interest rates lower in Fintech?
You should bear in mind that investors in general seek to improve their returns from traditional products such as bonds, CDs or stocks. Such financial products, depending on risk taking, can have a yield between 3% and 10% per year for bonds and CDs in Colombia. In countries like the United States or England, such products yield on average below 2% . Stocks are a long-term investment product and depending on the sector and the size of the companies, they can generate higher profits or losses. Therefore, the platform allows the local and international investor to find an alternative of performance for a medium term superior to the classic products. Lending to small businesses it becomes attractive in terms of profitability and term.