Small Business Loans
  • Loans up to US$10,000 or £7,500 to grow your business
  • Low interest rates, from 1% per month
  • Worldwide coverage and quick approval
Bitbond was features in Forbes, Gigaom, CoinDesk and more

Small Business Loans

Getting quick and affordable capital, has been getting harder for small business owners. High fees, long processing times, and high rejection rates shape the experience of those vying for traditional sources of capital. Bitbond was designed to change all that. Founded in 2013, Bitbond is the leading peer to peer lending platform for small business loans, which is operational worldwide.

So how is Bitbond different from traditional providers of small business loans?

  • Bitbond operates internationally
  • We have low interest rates, starting from only 1% per month
  • Your application takes less than 15 minutes and can be completed without leaving your chair
  • Bitbond only charges a single fee. No late repayment, or additional fees
  • Your application does not affect your credit score

Let’s dive into these five points in a little more detail. Applicants from anywhere in the world can apply for a small business loan on Bitbond. This is possible because we use bitcoin as a payment network, to facilitate cheap and fast transactions across borders. You might have noticed that traditional peer-to-peer lending platforms only offer loans to small business owners located in one country of currency region. This is because international lending and borrowing is simply too expensive. The exchange and transfer fees charged by banks would wipe out any interest earned by the lender, and multiply the repayments of the borrower. Bitbond has solved this problem by using bitcoin as a payment network. Loans are still denominated in US Dollar though. As a result, small business owners get the security of the US Dollar, with the efficiency and speed of bitcoin. Borrowers can then exchange their bitcoin into their currency of choice, through a 3rd party provider for free.

Because we cut the banks out of the process and use bitcoin as a payment network, we can pass on the savings to our community. Consequently, small business owners can access working capital from as little as 1-4% interest per month, and there is only a single 1-3% origination fee which is deducted if a loan is funded successfully. This makes Bitbond significantly cheaper than most alternatives!

In addition to being cheap, we also pride ourselves in providing small business loans quickly! The application process only takes 15 minutes and can be completed from the comfort of your chair. Our credit team will get back to you within 24 hours, after which you will be able to publish your loan. Then, investors from around the world will help crowdfund your loan in as little as 5-14 days.

On top of that, you will be able to connect your Online selling accounts to prove your creditworthiness and help drive down your interest rates. Do you have positive feedback on eBay, Amazon, or on other major marketplaces? Great, those will help us to give you an excellent credit-rating, lowering your interest rates.

Apply for your small business loan today!

 

Connect Online Selling Accounts to Apply For a Small Business Loan

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Small business loan

Low Interest Loans

Our cheap loans are specially thought for small business owners, entrepreneurs and eBay sellers. Build your working capital

Small business loans

Quick Money

Create an account in minutes, publish your request and start receiving offers. Once your request gets fully funded, the money is transferred immediately

Bitcoin Technology

Bitcoin is a decentralized digital currency which allows you to do worldwide instant transactions at very low fees

Pay on Your Terms

You can repay your loan at your convenience. 6 weeks to 5 years, it’s your choice

Why Work with Bitbond

  • Small Business loans up to $10,000 to kick off your business
  • Low interest business loans, as low as 1% per month
  • Personal loan manager to answer your questions
  • +1,300 loans already funded and growing
  • Innovative Bitcoin technology
  • World coverage, get your loan anywhere
  • No bank account needed!
  • Get funded in 5 days!

How Does It Work?

Register on our platformApplication for your small business loan takes less than 15 minutes, and we will get back to you with your rating within 24 hours.

Once you have received your borrower rating, you can publish your small business loan to our platform. Choose loan terms from 6 weeks to 5 years, and any loan amount between $50 and $10,000.

After publishing your loan, lenders from around the world will help crowdfund it. This only takes 5-14 days. If your loan is funded 60% or more by the end of the 14th day, your funded amount will be paid out to you.

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About bitcoin

Bitcoin is a decentralized digital currency which allows you to do worldwide instant transactions at very low fees. Learn more in our knowledge base. We’ll show you how easy it works.

Peer-to-Peer Lending

Via peer-to-peer lending, borrowers and lenders meet directly. This lowers fees and everyone benefits. Borrowers get access to affordable funding independently from banks.

Bitcoin Small Business Loans

Access to small credit loans has declined globally since the 2007 financial crisis. Also, interest rates went close to zero. Bitcoin p2p loans offer a solution for both problems.

More about bitcoin.

Small business loans are best at Bitbond

Did you know that only 20 percent of loan requests received by banks are approved? That means that 80 percent of small business credit loans are rejected by the banking system every year.

Finance loans are often necessary for the growth of any professional business. It can help entrepreneurs hire new staff, start new businesses, or accomplish personal goals – such as buying a new house or making a much awaited trip.

Beyond that, loan financing can also lend a hand for small business owners to hire new staff, make improvements, get a better infrastructure, and much more.

With this startling fact in mind, you might be wondering where you, and other entrepreneurs can access small business loans if bank loans are improbable.

At Bitbond, we understand that having full control over your business finance is vital when you own an entrepreneur, which is why we endevour to provide maximum cash flow control to our borrowers. Borrowers can choose loan terms from 6 weeks up to 5 years and early repayments can be made after the first instalment is due.

What can Bitbond offer you?

Bitbond can offer you small business loans which are funded within days by investors from around the world. We achieve this by using bitcoin technology to bypass transfer and exchange fees, creating a marketplace for investors and borrowers to meet.

This allows small business owners to access working capital from around the world at no extra cost and independently of banks and governments. With over 2.5 billion people in the world with no bank account, we believe Bitbond represents a unique opportunity to bring small business loans to people in the underserved regions of the world.

This also means that Bitbond’s small business loans work independently of the banking service system, allowing us to introduce low fees and interest rates for our users. Our one-time origination fee is applied when your small business loan is funded and ranges from as little as 0.5% to 3%, significantly lower than traditional alternatives.

So Bitbond has low fees and a global reach, but what about the interest rates?

Bitbond specialises in small business loans, meaning that we make it as easy as possible for entrepreneurs, self-starters and startup owners to get the funding and resources they need to grow their business and maximise revenues.

One of the ways we do this, is by allowing borrowers to connect their eBay, PayPal, LinkedIn, Twitter and Facebook accounts in order to assess creditworthiness. Have you got an successful history selling on eBay, or an impressive payments history on PayPal? If so, you will be eligible for a low-interest EtsyNewegg, eBay or Amazon loan on Bitbond

When using Bitbond to get your small business loans, you can make these features work in your favour. This is because we can use these factors to assess your probability of repayment, and subsequently give you lower interest rates.