Introduction
Everything has a price. The help we take from strangers, the loans we take from the Banks, and the work we do to maintain a lifestyle are all part of the process. A time comes in life when we require urgent financial help and lending institutions come to rescue. To take a loan, you need a collateral. Anything can be collateral if it has value in the market. Your house, your car, your other assets can be part of the collateral.
We can continue to use of collaterals as long as we are able to repay the loan. That is one of the key concerns for the banks offering loans to the people. The people are chosen who are creditworthy to repay the loan. The Car seems perfect as a collateral in securing your loans which are urgently required at some point in life. Securing your loans through real assets is perfect for the investors as well as borrowers. Today, people and car dealers face many challenges from the traditional institutions for securing their loan. The time is perfect for the Change.
Solution Offered
SHIFT.CASH is offering loans backed by the real assets. The collateral, in this case, is your car. The platform offers 35% of the maximum loans on the value of your cars. The automated system precisely values and enters the data required for securing the loan thereby reducing the time required.
Mobile Application is ready in which borrowers and investors can participate in the smart based deal. It is the world's first decentralised Lending platform which offers loans on your cars.
ICO INFORMATION AND TEAM
To create the dynamic platform, they require public support. The total SCASH Tokens issued for the project is 7 946 730. 88.5% is available for the ICO. One SCASH is equal to a Dollar. 50% of the attracted funds will be used for the promotion of the platform.
The people working on the project have multiple years of experience in the loan industry, IT and Business. They believe that Blockchain technology can be the solution for the real asset-backed lending market.
Conclusion
We love our cars and if it can help in securing a loan in the time of need, that is great. The number of cars is increasing day by day. According to an estimate in 2010, there were one billion cars. This speaks volume about our love for cars. The market for auto-based lending is taking shape in the world. The market was estimated to be around 30 billion dollars in the world. SHIFT.CASH provides a unique path to secure loans and allows investors to invest in the real asset-backed loans.
The Platform is available for global investors who can choose to invest through the mobile application SHIFT.APPISAL. I think that they have presented a solid opportunity for the investors and borrowers to satisfy their requirement. The biggest advantage on the platform for the Investors is that the loan issued to the borrowers is not more than 35% of the value of their assets. The safe and secure loan is available for your cars. Be ready to Invest in the perfect opportunity.
To know more visit:
Website : https://shift.cash/
Whitepaper : https://shift.cash/wp/shiftcash.en.pdf
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561