Businesses may choose debt crowdfunding for several reasons:
Access to Capital: Traditional bank loans can be difficult to obtain, especially for startups or small businesses. Debt crowdfunding provides an alternative source of funding. Speed: The process of securing funds through debt crowdfunding can be faster compared to traditional lending institutions. Diversification: By borrowing from multiple investors, businesses can diversify their funding sources and reduce reliance on a single lender. Flexibility: Debt crowdfunding platforms may offer more flexible terms compared to traditional lenders.