Collateral Loans VS Bank Loans VS P2P Lending

Most clients, including our colleagues within GSC, are interested in comparing these 3 options (collateral loans, bank loans & P2P lending) available in the market when it comes to raising funds to tide through difficult periods. A very legitimate question raised often by interested clients, why would a client opt for GSC Collateral Loan Program if the interest rate is higher than the other available options?

Let’s start with some facts comparison between these 3 options.

Although GSC Collateral Loan has a higher interest rate, time taken for loan disbursement and approval is much shorter and it is much more flexible in terms of redemption and repayment schedules. I would say each option has its own pros and cons; it’s really up to an individual to go for the loan deemed the most suitable after full consideration.

In future articles, we will share case studies and scenarios on how our clients have utilised the collateral loan program to achieve their financial goals. Stay tuned and feel free to contact us if you would like to find out more about this unique program!

Maya