Project Listing
Businesses seeking funding undergo a rigorous verification process and 40-points risk assessment of the business to ensure they meet the platform's standards for financial health and credibility. This process includes an evaluation of the company's financial statements, operational history, market position, and collateral value. Only businesses that pass this stringent verification process are allowed to list their projects on 8lends.
Example: A retail company applies for a loan on 8lends. The platform's verification team reviews the company's financial statements, checks its credit history, assesses the value of its inventory (proposed as collateral), and evaluates its market position. After successfully passing verification process, the company is approved to list its project for funding.
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