Impressions of type of loan service

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Online Sources of Funding

As entrepreneurs seek funding to begin their businesses, there are often financial resources available that may be unfamiliar to many, and so these go untapped. Entrepreneurs need to make the effort to become familiar with all potential sources of financing so that they can both procure the necessary money and find the most beneficial resource for their particular needs. In this age of cyber connectivity, there are now some unique sources of funding that should be explored and considered. Take a few minutes to explore two such sites, Prosper.com and Go4Funding.com.

  • What are your impressions of this type of loan service and would you consider using such a service to start a venture?
  • What would be the advantages?
  • What would be the risks?

Reference no: EM131655763

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