I'm trying to understand the meaning of LBC in the context of banking. Could someone please explain what LBC stands for and its significance in the banking industry?
7 answers
Ilaria
Tue Nov 05 2024
Through LBC, households and small enterprises can secure financing directly from a vast pool of investors.
SakuraDance
Tue Nov 05 2024
This innovative funding model connects borrowers with lenders without the need for traditional financial intermediaries.
Daniele
Tue Nov 05 2024
Online platforms facilitate the matching of capital suppliers with those seeking funds.
Daniele
Tue Nov 05 2024
The process leverages digital technology to streamline and democratize access to finance.
CryptoPioneer
Tue Nov 05 2024
Lending-based crowdfunding (LBC) offers an alternative funding route distinct from traditional credit intermediaries.