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What is debt-based crowdfunding?

What is debt-based crowdfunding?

Debt-based crowdfunding or crowdlending is source funding for business activities by attracting a large number of investors (the crowd) to make moderate investments by means of issuing a loan to a company or individual through a platform. Crowdlending can keep the costs down for borrowers while potentially giving the lenders (the investors) improved rates of return.

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