Thincats – to borrow money without a bank

On the cool English marketplace Thincats, you can borrow money without a bank.
By removing the bank, the company behind the site says it can get better deals for entrepreneurs. The solution is perfect for business angels or venture capitalists and the advantage of keeping greedy banks away is obvious to us who are living the aftermath of the great banking crisis. Each loan is put up as an auction and there are no membership fees... To borrow, you must be an English company with a high credit rating and borrow between 30,000 to 3 million pounds.
Many of the lenders want to lend money for a year, and therefore they search with light and lantern over that type of short-term project.

I wonder not if but when we will see similar solutions in Sweden - the promising country of banking monopolies.
Website
http://www.thincats.com/
Thincats use a platform called Inrax that can be downloaded for free. http://www.inrax.com/

(Hmm last week I bought the domain onlinepengar.se….maybe time to start a small development project…)

About The Author

presidentofgalaxy.com

I'm Daniel Larsson, an internet veteran since 1993 with a specialization in digital marketing. As a father of two sons, a history buff, and a judo enthusiast, I bring a unique perspective to my writing. The views expressed on this blog are strictly my own and do not reflect the positions or opinions of my employer or company.

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