Short-term business finance is what keeps many companies afloat. It enables the business to rise to challenges and opportunities which come its way, provides funding for company expansion and a myriad of essential projects which enhance the performance and success of the enterprise.
Two of the major sources of such short-term business finance are balance sheet lending and P2P lending.
In that both provide short-term, unsecured business loans online, there may not be any immediate difference as far as your company is concerned. But if we take a look at the two forms of lending and compare them, some critical difference may emerge in the nature of the lenders themselves:
Balance sheet lending
While the principal difference between P2P and balance sheet lending lies in the ownership of the funds which are made available to borrowers, as you can see, there are other considerations to take in to account too.