Bitbond Reviews

Learn about Bitbond loans for small businesses. Includes Bitbond reviews, ratings, pricing, company info, and FAQs.

Updated on July 1st, 2019

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Bitbond is a bitcoin lending platform that provides fast and affordable loans to small businesses around the world.

Loan Rates:

Loan Type

Loan Amount

Interest Rates

Re-payment Term

Term

€1,000 - €25,000

Starting at 1%

3, 6, or 12 months

Bitbond Reviews
Review:

Pros: No pre-payment penalties, no credit score required, instant funding for qualifying applicants, small loan amounts.

Cons: 2 - 3% origination fee, not for start-ups.

Bottomline: Ideal option for small business owners in need of a short-term loan.

Key Information:

Founder

Radoslav Albrecht

Founded

2013

Headquarters

Berlin, Germany

Number of Employees

25

Number of Customers

150,000

CEO

Radoslav Albrecht

Address

Strelitzer Str. 60, 10115 Berlin, Germany

Phone Number

+44 161 850 3539

Website

www.bitbond.com

Reviews:

Source

Review

Bitcoinsberlin - reddit.com

Bitbond is awesome and totally trustworthy. I did not use them personally but I know the team and they are legit.

SignificantOtter3 - reddit.com

There is really no basis in what you say. Peer to peer lending platforms originate billions every quarter. Using bitcoin as a payment network platforms like Bitbond open the possibilies of p2p lending to the global community, which as a whole, cant access Lending Club or Prosper. Bitbond is a good service and I would recommend you start small and try it out. Bitbond has been around since 2013 and has been covered in LendAcademy, Forbes, Handelsblatt and American Banker. It is definitely a trustworthy site, but it is simply a p2p lending platform, so you are responsible for your investments and you carry the risk.

FAQs:

Does Bitbond charge an origination fee?

Yes, Bitbond requires a loan origination fee starting at 0.5% of the loan.

See Bitbond loan rates.

Where does Bitbond do business?

Bitbond is based in Berlin, Germany, and was founded in 2015. Bitbond offers access to business loans in 50 states.

Learn about Bitbond's key information.

What is Bitbond?

Bitbond offers peer to peer bitcoin lending to connect creditworthy small business owners with individual and institutional investors around the world.

See our review of Bitbond.

What is the Bitbond default rate?

Because of Bitbond's careful approach, the lender attracts more serious borrowers resulting in lower default rates.

See Bitbond loan rates.

Why should I borrow from Bitbond instead of a conventional credit provider?

According to Bitbond, bitcoin bonds or BTC loans ensure much lower interest rates compared to conventional lenders due to a lower overall risk profile.

Does my business qualify for a Bitbond loan?

Bitbond does not require a minimum credit score, however, the company only approves 40% of borrowers who apply for funding.