Make Your Proposal Sparkle with the power of Advertising

Social Lending

Trying to get your proposal seen when there are hundreds — if not thousands — of other proposals can be difficult. However, that doesn’t mean that it’s the end of the world. It doesn’t mean that you will never be able to get things done. You will be able to get your proposal funded if you really work on it. The truth is that just putting up your proposal and hoping for the best is not enough. Thankfully, we can use a little bit of strategy in order to tie everything together.

Email Marketing

Even though you might not think about emailing people about your project, there are definitely cases where you might want to do this. If you’re an online marketer trying to get funding for a socially-aware project, then this is a good idea. You also have this option if you’re trying to raise money to do something for charity, like building an animal shelter or working with an existing one on a very specific project. Keep in mind that email is all about being as specific as possible. If you try to skip this, then your proposal will be read as widely as others. If you’re putting your proposal on a site like Kickstartr, then you’re not going to be able to even list it when it’s not specific.

Social Networking


This is probably the easier way to get attention for your proposal, especially if you have a pretty big network of friends. You want to be reaching out to your crowd long before you get into social lending, because it can be hard to really people on the idea. You want to be honest about your proposal, of course — after all, these are people that already know, like, and trust you. They will be sharing your information far and wide, so make sure that it’s as correct as possible. Thankfully, you can indeed get things done when you really think about it. There’s just a time where you have to step back and really make sure that you are getting your point across. If you can, make sure that someone else is proofreading what you’re really saying before you get too deep in social networking.

If someone has questions, you might feel like you should be running for the hills, so to speak. That’s not the case at all. You want to make sure that you answer any and all questions that are sent your way in order to give people peace of mind. Don’t give up on this — it really does get better!

Social Lending to Kickstart Your Next Business – Why Not

Social Lending

Over 250 million British Pounds have been exchanged in peer to peer lending across the UK — fine proof that social lending is not only here to stay, it has plenty of room to grow. You can use social lending for just about any purpose you can think of, but many UK entrepreneurs are realizing that it’s the perfect way to kickstart your first, or even your next business. However, many more are a little afraid to trust something so important as their business funding to the online crowd. Are their fears warranted, or should they let go and embrace something new? It’s all about looking at your options and going with what makes the most sense.


First and foremost, you are going to want to spend a lot of time refining your proposal. The proposal is the core of your social lending push. You literally cannot get funded without one, and you might as well make it good. Think of it as your top plea to the lenders on the site. You are trying to convince them that you have a worthy cause that deserves to be supported. If you only stick to the facts, people might not get why you really want the money. Make sure that you make it clear that what you want to do matters to you. Sure, everyone wants to run a business in their own way — but what makes you stand out?

If you can get someone else to look at your plans, they will be able to help you round out your proposal. You will also need to set a rate of interest based on your credit. If the interest rate is too low, your proposal will not be funded. It’s all about risk — if you have very bad credit, you will have to entice lenders to take a chance on you simply through having a higher interest rate. On the other hand, you might want to go with working on your credit a little more. The monthly payments might be more than what you can handle. Always use a loan calculator before you get too deep into the social lending process. Be sure to look at the fees the site is going to charge you — these can be a lot more than what you bargained for, so don’t hesitate to explore all of your options.

Is this going to replace a bank? Not always. Shop around and look at both social lending and traditional banks. However, if you have poor credit and you really want that extra boost outside capital would bring to your business, then social lending is definitely something to consider. Check it out today!

Social Lending Is a Great Way to Restore Your Faith in Society

Social Lending

When you’ve been rejected for every idea that you’ve ever had, you can really start feeling like no one is ever going to really take you seriously. Your dreams are never going to get off the ground, and you’re never going to honestly get anywhere in life, at least not with anything that involves money. Your better bet instead of getting frustrated would be to honestly think about the world of social lending.

As the name implies, this is a world filled with regular people helping other regular people. They’re going to be listening to what you want, what you don’t want, and helping you get to your destination. The more time that you spend in crafting the right proposal, the easier time you will have actually getting the money that you need.

People in the world of social lending do indeed care about you, and they want to see your dreams come to life. Even if that’s a home renovation! If you want to go back to school to learn something new and get into a good job, there are social lending loans for that as well.

Just because you’re not going through traditional means doesn’t mean that you can get sloppy in terms of what you actually request. If you truly feel that you can’t write your proposal on your own, there are plenty of resources for you to learn.

The key here is that you need to be original. You need to speak form the heart, and you need to make sure that you get into the details. Social lending is about stories, and everyone is going to want to know why you are requesting the money in the first place. Don’t try to hide the personal — that’s at the heart of everything social lending is about!

The whole goal of social lending isn’t just to give you funding — it’s to give you connections to who is giving you money. You realize that your money has a greater story than just you — it was given to you in trust.

Everyone’s interest rate is going to be different — they do vary, but your credit rating still comes into play. Speaking of your credit, make sure that you don’t try to downplay your credit problems. If there are issues, you want to be perfectly honest. Did something happen to make your credit spiral out of control? Were you sick? Did you get laid off from work? Was there a boyfriend or girlfriend that left you with a lot of bills? You are going to need to make sure that you explain all of these things in order to really be able to take advantage of social lending.

When you have been rejected over and over, it’s easy to lose faith in society. After all, aren’t they all against you? Don’t they think that you’re never going to get anywhere? Turn to social lending, and you’ll realize that this just isn’t the truth at all. The powerful truth that you need to hear now is that you really do have the ability to get past these financial issues — are you ready?

Downsizing

Downsizing

Social Lending

After considering the alternatives such as asking friends & family, another option could be to downsize to a smaller property & release capital that way. This may not be conducive in the present housing economy; however the reduction in valuation can have a knock on effect down the chain. Factors to also bear in mind would be the moving costs including stamp duty which can be a considerable burden unless purchasing below the nil rate band.

A common objection to downsizing would be the upheaval effect on the family & could also be dependent upon what stage of life you are at. Those in retirement may have lived at their current abode for many years having seen their children grow up in the property. If for sentimental reasons the decision is to remain in site then equity release schemes can be a sensible alternative to moving.

They will allow you to remain in the property for the rest of your life with your home remaining in your name. These lifetime mortgage schemes can then provide you with a lump sum or income to financially support you through retirement & enable you to enjoy those luxuries in life.

Can Social Lending and Traditional Lending Really Co-Exist

Social Lending

We’re not trying to start a war on social lending, or to say that it’s the only option. We think that social lending is clearly a good thing, but there are still big differences between this world and the traditional world of finance that need to be addressed.

If you’re just used to sticking to the facts in the world of traditional lending, it’s going to be a shock to have to open up. In order to get money from a social lending site, you’re going to have to write a proposal.

A proposal just talks about what you’re going to use the money for, and what type of expenses that you have. Breaking down how much money is coming in and out of your budget every month is very important. Your social lenders want to make sure that you are going to be able to comfortably pay for the expenses as well as the new loan payments.


The interest rate is something that’s bid up or down depending on your credit history.  You may be able to get a better interest rate with social lending, but that’s not really the point of the exercise here.

Social lending is made up of people investing in other people. That’s powerful — what better way to say that you truly care about a person’s well being than to actually invest in them?

You will need to make sure that you are truly being as honest as possible. It’s tempting to try to make your story sound better than what it is, but social lenders tend to be research fans. The truth will eventually come out, and you don’t want to ruin your reputation. Once you take care of the first loan, you will have feedback. Paying it off on time means that you qualify stronger for the next loan, and the next loan, and the next loan.

This is another thing that sets traditional lending apart from social lending. In the world of traditional lending, you don’t really get too much credit for making the right choices from the start. On the other hand with social lending, once you pay off the first loan, you’re going to be seen in a much different light than the newbies that join. You will have proven that you are a financially sound person to invest in. Lenders tend to also do social lending for the investment — there is interest paid out on the money. So if you prove to be a sound financial bet, people are going to invest in you over and over again — even when they might not be fully committed into what you’re doing.

Don’t be afraid to look into social lending. It might be a newer type of funding, but it’s one that’s definitely here to stay!

A Look at The Common Proposals On Social Lending Sites

Social Lending

One of the most common questions that we get when it comes to newcomers asking about social lending is simple: what can you honestly ask for funding to do? The answer is simple: anything that you can possibly think of that other people are willing to invest in.

There are some common examples of great proposals that usually end with funding. Below is a few of these examples for you.

1. Debt Consolidation

Debt consolidation is probably one of our favorites. When you have a lot of debts, chances are also good that you have a lot of interest. When you have that type of interest, you’re not going to be paying down a lot of the principal. It’s all going to be mostly interest, which is profit for the lender and not you. You want to flip the equation so that when you do make monthly payments it actually goes to the right place. Do you really want to find that you just can’t seem to get ahead? Not at all. It would be a lot smarter to make sure that you are looking into every option to reduce your debts.

Social lending loans for debt consolidation come up a lot. It’s very hard to make sure that traditional lenders see the purpose of what you’re doing, and it’s easy to get rejected — especially if you have bad credit. Many social lenders have been in your shoes, so they’re not very likely to reject you just because you have had bad credit in the past. That would be a little ridiculous.

Instead, they’re going to look at your entire application and see if you’re going to be the type of person that will truly repay the loan in full. That’s what matters — your dream plus your willingness to get things moving along.

It can feel next to impossible to get everything sorted out, but it’s always worth looking into!

2. Home Renovation

If you’ve always wanted to repair your home but you never really had the money in your savings, why not look into a home renovation loan? These can be both secured and unsecured. Unsecured loans are a bit tougher because you really have to stress that you’re ready to take on that type of burden. However, what about when you go with secured loan? Even though these loans are much more serious, they really do make all of the difference when it comes time to actually meet your goals. The more work that you put into getting them, the easier life will be once you have the funds.

Make sure for this type of proposal you really tell the story of what you’re willing to do in the home. Otherwise it just looks like you’re trying to get a bunch of money to just blow on anything that catches your fancy. Not the impression that you really want to give, especially when it’s your first proposal.

We’re not saying that you can’t have fun with the money that you receive once you have everything finished elsewhere — but in the beginning, you want to make sure that every last bit of the money you request to be funded go to your original purpose.

3. Going Back to School

Going back to school is a classic social lending request. Everyone wants to go back to school and get a better paying job. It’s going to be up to you to really make sure that you’re able to have a good start to your education. This means that you must have the funds up front. Getting the money up front gives you more flexibility over your education anyway. You can pick and choose the classes that you want and avoid the ones that you really don’t — as long as you still get your required courses in, naturally!

4. Certifications / Job Training (non-college)

Even if college isn’t your thing, there might be a certification track that you’re interested in. For example, if you’ve always wanted to be a personal trainer, you’re going to need to get certified. That’s going to give you the power to pull in not only more clients, but clients that are willing to pay a lot more money. If you don’t take the steps to secure your career, you’re essentially limiting how much money you can honestly make.

5. Vacations

Vacations might sound a little funny to ask for funding for. But what if you have the idea for your dream vacation? This is something where social lending tends to kick in better than traditional lending. Instead of hoping that some bank sees that you are a good customer and gives you a good deal, you will want to widen your net so to speak and really look through all of your options.

We know how hard it can be to work with traditional sources of financing, so why not take your dream to the world of social lending? You will be able to really get people into it by posting pictures, and really explaining why you want to go to this destination.

The more effort you put into selling your dream to others, the more likely it is that you’re going to get financed. All you can do is make sure that you push forward and try your best. What else could you possibly do that can be better than that? Good luck with your search!

Low Credit Rating and the Social Lending Jungle

Low Credit Rating and the Social Lending Jungle

Social Lending

Are you thinking about getting into social lending? Chances are good that you might have a project that needs funding, but what about that low credit rating? What about the realization that yore going to be paying a lot of interest? Don’t get discouraged, friends. When there’s a true desire to change your life, you will find that there is often a community that will help you make it happen!

First and foremost, don’t try to cover up your credit rating. It’s going to be out there for everyone to see anyway. If you have a bad credit score, chances are good that there’s a reason behind it. Just saying something about an illness or a bad relationship that went wrong can go a long way in explaining why you ended up in the financial mess in the first place. People will still try to help you out, but there will be some people that hold back. Does that mean that you should hold back too? Not at all.

Social lending is all about humans helping other humans. And guess what? Sometimes humans end up on bad luck. Sometimes times get really rough. The global recession hit a lot of people and slowed a lot of things down. If you really want to make sure that you have things in place, you want to ensure that you are getting the best listing together that you can.

Explain your story, own your story. It’s yours. People are clicking on your listing to hear from you. If there’s a discrepancy in the numbers or things don’t look right, don’t hide that either. Some people may want to fund your listing, but they’re worried that your margins are too small for the mistakes of life to not mess things up. You may want to explain if there’s a special case, such as that you live with your parents and don’t pay rent. That can be the difference between getting your loan funded and not being able to handle anything at all.

Get yourself into a position where you can really show people that you can handle the responsibility. Make sure that you have some time at a job where it looks like yore on stable ground. You’re selling yourself, your goals, and your mission all at the same time. And there’s no reason why you can’t pull it off. It just means that you’re going to have to work smart. It just means that you’re going to have to put time into your listing.

You may have to also sweeten the pot with a higher interest rate. Look at what the funded proposals were asking for when the credit risk was high, and add a few percentage points to that. Most likely, you’ll have someone lower the interest rate if they believe in your story anyway. It shows that you’re well aware that you’re a credit risk, and that you’re willing to ask accordingly.

Now is the time to work on that listing — are you ready?

In the World of Social Lending, a Good Headline is Worth Its Weight in Gold!

Social Lending

Social lending is all about regular people helping each other and growing better because of the exchange. No matter what you want a loan to be funded for, you’re going to nee dot learn how to work with people. This is something that even the most top notch social lending guides don’t always give credit to. They cover it a little bit, but it’s really much more important than that. Think about it form the right perspective — you are going to be trying to get your message out in a world where everyone else is trying to do the very same thing. There are only so many lenders that are going to be looking at proposals at once. So if you don’t get people to check out your listings, you’re not going to get to move your own agenda forward.

A good headline is truly worth its weight in gold, but a lot of people don’t focus on it. They get too general — how many times are you going to just say “pay off debts”? Everyone says that, but your going to have to jazz it up a little bit. “Help a Former Caretaker Start a New Life and Consolidate Bills” tends to be not only more specific, but it gives you a way to appear more human to your peers.


The social part of social lending is very important. It’s not just big banks that you’re dealing with — you’re dealing with someone that is trying to invest in you. Add to your story, include pictures, talk about why you feel that you deserve the money, what you’re going to do with it, and your repayment plan to handle the money. Lenders want to get a return on their investment and make sure that their money is going to someone that’s actually going to use it. Don’t feel bad that you are on a social lending site — embrace it! Own it! Don’t worry that your credit rating isn’t as high as someone else’s — there are ways to deal with that and to overcome it. It’s all about telling the story first. And if you can tell the story in a way that humanizes you, well, you’re already going to be ahead of the curve.

Yes, there are times where a “just the facts approach will win the day in social lending. But that’s usually on small sites where your listing stays visible for a much longer time. If you’re just going to push into the largest social lending portals, you’re going to find that it’s more competitive. Standing out is the name of the game, and a strong headline in the world of social lending is truly worth its weight in gold! Good luck out there!

Not Ready For Social Lending – Why Not Think About Payday Loans Instead

Not Ready For Social Lending – Why Not Think About Payday Loans Instead

Social Lending

Social lending is one of those things that make sense in a lot of ways, until you find out that there are just a few obstacles to tying things together. The core of social lending is regular people helping regular people. However, there is often a long wait to even get approved to apply fully on a social lending site. This is because the site has to check out your credit and make sure that you’re a decent credit risk. If you’re not, then you have to explain what else is going on that makes it impossible for you to be able to become a better risk.

This is a very long process, and it’s not right for the moments where you need to make money quickly.

You need to get a loan from paydayloansuk.org.uk instead of trying to deal with social lending — especially when you need a payday loan in the UK very quickly. What really makes this site very different from other sources of money? We’re glad you asked!

The first thing that you have to realize is that you can borrow up to 1000 GBP for any reason. You don’t have to try to explain what you’re going to do and hope that the community is going to accept it. In social lending circles you must put together a full proposal, which can actually take a few hours. You want to pour your best efforts into your social lending proposal because you really might not get another chance to do things right. That could end up costing you a lot of time that could be better spent actually taking care of the financial problem at hand.

Why not skip all of that stress and apply for a payday loan?  You can often be approved in mere minutes and have your money within 24 hours or less. In the case of this payday loan provider, the cash is sent within 15 minutes. That’s lightning quick.

Applying online means that you don’t have to think about trying to mail anything in. And in the case of this site, there’s no phone calls either or faxing of any documents. You get your money quickly and you’re able to take care of anything that comes up for you. Why wouldn’t you want to tap into something that’s going to do nothing but help you in the long run?

Don’t waste time when time is short — get a payday loan, take care of your problem, and then pay the loan back — it really is that simple!

Travel Season Is Here – Can You Really Use Social Lending To Get the Funds You Need

Travel Season Is Here – Can You Really Use Social Lending To Get the Funds You Need

Social Lending

Are you dreaming about finally getting able to take a good vacation? You’re actually not alone at all. Many people dream about finally getting away from home, but they find that they really don’t have the type of money that it takes to really have the vacation that they want. Instead of sitting at home and watching reruns over and over again, you can turn to social lending.

Social lending isn’t just for businesses, or people trying to get out of debt. These are good goals to have when it comes to social lending, and it’s true that these proposals tend to get noticed first. After all, it’s the desire to help people that seem to really need help the most. Modern lending circles tend to be pretty tight, as far as the banks are concerned. The banks want to have a lot of tight restrictions on how should get funding and who shouldn’t.

When you really step back and think about it, social lending is more about the revolution than anything else. You have to make sure that you’re focusing on the bigger picture than just assuming that you can’t get what you’re looking for.

Really, it’s all about the type of proposal that you write. You can write a barebones description of how you want to go on vacation. That might get a few people to get interested in helping you, but you will probably not move many people into helping you.

The better approach here is to make sure that you actually explain your story. you always want to try to paint of picture of what you’re really after.

You might be a single mom with three kids that has always wanted to take her children around to a different country. or you might be a student with your first “good job” that just wants to be adventurous before life gets too hectic. Life definitely changes when you have a family, and you’ll find plenty of people that can understand where you’re coming from on that.

So don’t just leave it to a factual accounting of what you’re looking to do. Get creative and tell a story Make sure that you’re completely honest about what you want. If you can get people on the site to endorse you, then it’s even better. You don’t have to sit back and just think that your dreams have to die on the vine. With a little planning and a little luck, you’ll have no problem getting what you want in good time — check it out today for yourself!