2016 has been a successful year for the Valencian company Best Bank, dedicated to loans between individuals. During 2016 it has managed to manage, nothing more and nothing less, than a total of 2,700,000 USD in its loans. An amount that represents a volume ten times greater than that obtained during the previous year. The forecast for 2017 of this company implies reaching 17 million USD in its loans.
To invest your savings and make a profit on them
Today Best Bank, one of the largest private lending companies in Spain and has a total of 4,000 registered investors. Among those investors, 98% have made a positive return on their shares. In addition, the average return on investment is almost 7%. Which makes Best Bank a very viable alternative. Whether you need a loan or if you want to invest your savings and make a profit on them.
But how does Best Bank achieve these excellent results? Thanks to its algorithm, with which the security between lenders and borrowers is superior to that of other methods that are currently on the market. And to achieve these excellent results, the Valencian company is very clear:
- Look carefully and pamper all the loan requests they receive. To the point that only 2% of all of them are finally managed by Best Bank.
- Ensure the creditworthiness of the borrower. In this way the lender has greater security of being able to recover his money and obtain greater benefits for him thanks to the high returns.
- Give investors real options to decide what to invest their capital in. One of Best Bank’s main interests is that its investors have absolute control over their money. The idea is that they can make decisions at any time and from anywhere in the world. Likewise, it is sought that they can track their actions at any time.
How does the company Best Bank work?
Best Bank is based on putting reliable and trustworthy people in contact. On the one hand to future borrowers and on the other to those entreprenUSDs or companies that need capital.
- At Best Bank, anyone who meets the company’s requirements will be able to get between $ 1,000 and $ 10,000 to return between 6 and 48 months. Time to be set at the time of requesting the loan.
- Once the request is received, the company is responsible for verifying all the information and assigning a classification to the new profile based on its level of solvency. This level is calculated based on expenses, income, demographic profile and repayment of previous loans. Once classified, if the project has been validated, it will be published on the company’s website.
- Here is the time when the lender comes into play. That person interested in investing her capital can enter the website and review the projects in progress of the platform. They will be able to choose the most suitable one and invest according to their interests.
- Meanwhile, the person who receives the loan will return the capital each month. The lender will recover your principal and receive the interest during that period.