Header banner
Revain logoHome Page
bitbond logo

Bitbond Review

3

Β·

Very good

Revainrating 4.5 out of 5Β Β 
RatingΒ 
4.7
Business Services Providers, Business Finance

View on AmazonView on Π―M

Description of Bitbond

Bitbond is a global business lending platform.

Reviews

Global ratings 3
  • 5
    2
  • 4
    1
  • 3
    0
  • 2
    0
  • 1
    0

Type of review

Revainrating 5 out of 5

Great customer service, super helpful staff (they answer all your questions).

A very easy to use website and simple to understand. I would recommend it to anyone who wants to start their own business. I would love to see an app for iOs so I could send money and pay people without having to visit my bank every time. I wish it was available on Android though because I am a little tech savvy and couldn't find any apps when I was searching. Overall a great site! Great customer service, super helpful staff (they answer all your questions). If you want something done right do…

Pros
  • Customer service is top notch
  • Easy to use
  • Great pricing
Cons
  • No native android application
  • Takes a long time to create the templates

Revainrating 4 out of 5

Bitbond is a peer-to-peer lending platform where you can borrow up to $50,000.

Bitbond does great job building its brand around fintech and cryptocurrencies, especially Bitcoin. And when it comes to new tech startups, this is probably the best option if you want to get fast loans. All lenders on the platform use automated credit scoring and matching algorithms so you will be offered loans faster than ever before. In order to make sure you don’t get stuck in debt and miss payments, you’ll be required to put down a security deposit equal to 5% of the loan amount. The…

Pros
  • The process was very straightforward and easy to understand.
  • A quick approval process means you will receive your money much faster than through traditional methods.
  • You only need $1,000 or €
Cons
  • For example, $100 -$

Revainrating 5 out of 5

Bitbond is a peer-to-peer lending platform that allows individuals to borrow money from each other.

Great tool. All new startups will benefit greatly from having access to credit. But so will established businesses who want to expand their reach. It’s difficult to find information about how much interest rates are actually paid. And how does the Bitbond system compare to other traditional methods? The Bitbond model is a competitive advantage. As is the fact that you don’t pay any interest until after the loan is repaid. That means that if you take longer than the repayment period, you simply…

Pros
  • A fantastic tool to expand your business by lending capital.
  • Easy way to get cash flow to your business without being exposed to large sums of debt.
Cons
  • The documentation takes a little while to figure out and learn
  • Sometimes slow responses to email requests
  • Hard to determine exactly what the terms of each loan are (i.e., do you have to pay them back in full?)