
Alternative Finance
Alternative finance refers to funding options outside traditional banking systems. This includes crowdfunding, peer-to-peer lending, and microfinance, which connect borrowers directly to lenders or investors without banks as intermediaries. It often offers opportunities for individuals and small businesses to secure funding more easily and quickly, especially when traditional loans are hard to obtain. Alternative finance can cater to diverse needs, supporting innovation and entrepreneurship while providing investors with different ways to grow their money. Overall, it represents a growing sector that enhances financial accessibility and economic inclusivity.