
Alternative Financing
Alternative financing refers to non-traditional methods of raising funds or obtaining investment, outside of conventional sources like banks or stock markets. This can include crowdfunding, peer-to-peer lending, microfinance, and private equity. These options often cater to individuals or businesses that may struggle to access traditional loans due to credit issues or lack of collateral. Alternative financing can offer flexibility, faster access to funds, and diverse investment opportunities, but it may also come with higher costs or risks. It's a growing sector aimed at meeting the diverse financial needs of people and businesses.