How Digital Financing Solutions Are Shaping Today’s Economy - PowerPoint PPT Presentation

About This Presentation
Title:

How Digital Financing Solutions Are Shaping Today’s Economy

Description:

There are many different types of digital financing solutions available, and each one has its own unique benefits. In this PPT, we will discuss how digital financing solutions are beneficial to your business. Visit: – PowerPoint PPT presentation

Number of Views:0
Slides: 11
Provided by: efunder
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: How Digital Financing Solutions Are Shaping Today’s Economy


1
How Digital Financing Solutions Are Shaping
Todays Economy
  • https//efunder.ai/

2
Digital financing solutions are shaping the
economy in a big way. More and more businesses
are turning to digital financing options to get
the money they need to grow their business. As
per Vantage Market Research, Global Digital
Financing was at USD 10.5 Bn in 2021 and expected
to reach USD 22.4 Bn by 2028 at a CAGR of 13.51.
Recent research says that the widespread adoption
and utilization of digital financing solutions
could increase the GDPs of all emerging economies
by 6 . This additional GDP will likewise assist
to create up to 95 million new jobs across all
the sectors of the economy.

There are many different types of digital
financing solutions available, and each one has
its own unique benefits. In this PPT, we will
discuss how digital financing solutions are
beneficial to your business.
3
Digital financing solutions offer transparency
and convenience for both borrowers and lenders
  • In an increasingly digital world, its no
    surprise that financial transactions are moving
    online as well. From Venmo to Robinhood, there
    are a variety of apps and platforms that allow
    users to send and receive money with the click of
    a button.
  • While traditional banking institutions are still
    important, digital financing solutions offer
    transparency and convenience for both borrowers
    and lenders. For borrowers, online platforms make
    it easy to compare rates and terms from different
    lenders, get onboarded quickly and drawdown on
    facilities without any additional waiting period.
  • And for lenders, digital financing solutions
    offer a simple way to track payments and manage
    borrower information while ensuring their capital
    advances are monitored at any given time. In
    addition, digital financing solutions can help to
    reduce costs and speed up transactions. As the
    world continues to go digital, we expect to see
    more and more financial transactions taking place
    online.

4
They provide an efficient way for businesses to
get the capital they need to grow
  • Access to capital is one of the most important
    factors for any business, but it can be
    especially difficult for small businesses.
    Traditional lending institutions often have
    strict requirements that can be difficult for
    small businesses to meet.
  • As a result, many small businesses turn to
    digital financing solutions. Digital financing
    solutions provide an efficient and convenient way
    for businesses to get the capital they need to
    grow. With digital financing solutions,
    businesses can apply for loans online and receive
    funding in as little as 24 hours.
  • In addition, digital financing solutions offer
    flexible repayment terms that can be tailored to
    the unique needs of each business. As a result,
    digital financing solutions provide an invaluable
    resource for small businesses looking to grow and
    expand.

5
This type of financing is especially beneficial
for small businesses and startups
  • In todays business world, cash is king. In order
    to grow and succeed, companies need access to
    capital. However, traditional financing options
    can be out of reach for small businesses and
    startups despite being key drivers to their
    respective countrys economies and employing a
    large portion of the private workforce. This is
    where digital financing comes in.
  • Digital financing refers to the use of online
    platforms to raise capital. This can take the
    form of crowdfunding, peer-to-peer lending, or
    even cryptocurrency. The key advantage of digital
    financing is that it provides access to capital
    that might otherwise be inaccessible.
  • As a result, it can be a critical tool for small
    businesses and startups looking to get their
    businesses off the ground. Whether youre looking
    to finance a new product line or fund a marketing
    campaign or increase your inventory, digital
    financing can give you the boost you need to
    succeed.

6
It helps to remove some of the barriers that can
prevent companies from obtaining funding
  • In todays business world, one of the most
    important things for a company is to have a
    strong financial foundation. However, obtaining
    the funding needed to start or grow a business
    can be difficult, especially for small businesses
    and startups.
  • There are a number of reasons why this can be the
    case, such as a lack of collateral or poor credit
    history. However, digital financing solutions are
    helping to remove some of these barriers and make
    it easier for companies to obtain the funding
    they need.
  • By providing an alternative to traditional bank
    loans, digital financing companies are making it
    possible for more businesses to get the capital
    they need to succeed. In addition, these
    companies are often willing to work with
    businesses that have less-than-perfect credit,
    which can be a lifesaver for startups that are
    just starting out.
  • As digital financing solutions become more
    popular, it is likely that more businesses will
    be able to obtain the funding they need to grow
    and thrive.

7
Digital financing solutions are also becoming
more popular with consumers
  • In recent years, there has been a dramatic shift
    in the way that people manage their finances.
    Where once cash and cheques were the dominant
    forms of payment, now debit and credit cards are
    standard. In addition, digital financing
    solutions are also becoming more popular with
    consumers.
  • Services like PayPal and Venmo allow people to
    send money to one another with just a few clicks.
    This convenience is one of the main reasons why
    digital financing solutions are gaining
    popularity. Another advantage of these services
    is that they offer greater security than
    traditional methods of payment.
  • For example, if a credit card is stolen, the
    owner can cancel the card and avoid any financial
    losses. In contrast, if cash is stolen, it is
    very difficult to get that money back. As a
    result, digital financing solutions offer both
    convenience and security, making them an
    appealing option for consumers.

8
This allows people to access credit more easily
and at a lower cost than traditional methods
  • In the past, accessing credit was a
    time-consuming and expensive process. borrowers
    had to go through a lengthy application process
    and put up collateral in order to qualify for a
    loan.
  • However, with the advent of digital financing
    solutions, borrowers can now get access to credit
    more easily and at a lower cost. These solutions
    use cutting-edge technology to assess borrowers
    creditworthiness and provide them with the funds
    they need in a matter of minutes. Digital
    platforms use both conventional and alternative
    real-time data sources to recommend accurate
    decisions almost instantaneously. This maximizes
    decision accuracy with full control of their risk
    appetite.
  • Whats more, these loans can be used for any
    purpose, from starting a business to covering
    unexpected expenses. As such, digital financing
    solutions are changing the way people access to
    credit and are opening up new opportunities for
    borrowers all over the world.

9
By giving borrowers more choices, digital
financing solutions are helping to shape todays
economy
  • Before the advent of digital financing solutions,
    borrowers had few options when it came to
    obtaining a loan. They could go to a bank or
    credit union, or they could take out a home
    equity loan.
  • However, these options were often not available
    to people with less-than-perfect credit. As a
    result, many people were unable to obtain the
    financing they needed to start a business or
    purchase a home. Digital financing solutions have
    changed all that by giving borrowers more
    choices.
  • Today, there are a variety of online lenders that
    provide loans to people with all types of credit
    histories. In addition, many of these lenders
    offer more flexible repayment terms than
    traditional banks alleviating a lot of the
    financial stress that tends to come with
    traditional loans.
  • As a result, digital financing solutions are
    helping to shape todays economy by making it
    easier for people to obtain the financing they
    need to start businesses and buy homes.

Source https//efunder.ai/how-digital-financing-s
olutions-are-shaping-todays-economy/
10
CONTACT US
  • Call On 971-508781134
  • Mail On sales_at_efunder.com
  • Address 14 Floor, WeWork Hub71, AI Khatem Tower,
    Adgm Square, AI Maryah Island, Abu Dhabi, United
    Arab Emirates - 46617
Write a Comment
User Comments (0)
About PowerShow.com