Becual
Curated by SignalAn online lending platform
Overview
Becual is an online P2P lending platform facilitating business loans. A borrower uploads the loan listing on the website with the loan amount, tenure and rate. Investors can then choose the loan they would like to invest in and transfer the preferred amount. An investor has to invest a minimum of $100,000 in Becual coins which are needed to take part in the auction. It offer four types of credit loans for borrowers: 1. Credit A: Amortized over time; 2. Credit B: Bullet principal payment, periodic interest payments; 3. Credit C: Principal and interest as bullet payments; 4. Credit F: Lending secured against invoices. Investor can also sell their investment or a part of it at any time to new investors.
Key facts
- Founded
- 2014
- Headquarters
- Santiago, Chile
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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