Do you know how many ICOs are happening right now? Countless. 2017 has been a very busy year for investments in the blockchain market, so there are more investments than any time before to be made in this sector, but how to choose only the best of them?
To invest well, you have to be well informed and you can only do that if you search for information. To help our readers in their search for knowledge, our objective on our blog is to review many popular ICOs and present our readers with the best possibilities available.
Today, we are going to review a promising company called Finova Financial.
What is Finova Financial?
Founded in 2015, Finova Financial is a company that intends to offer its users alternatives to abusive loans. Finova wants to be a cloud-based affordable loan provider for users that need cash quickly but don’t want to pay high interest rates like they are normally charged when they use traditional loan systems.
The fact that most loan companies create barriers like high interest rates and complicated application process makes most people distance themselves from this type of business. The company states that their total interest rates are about 30% when many businesses in this market niche can have interest rates going until 300%.
The company states that their main goal is to help user in the short time by offering loans and in the long term by helping them get their good credit back with low interest rates.
How Does Finova Financial Work?
To secure their loan in Finova financial, the user of the program has to use its car as a safety. The company offers options for users, then can pay the money back monthly for until 12 months.
If the customer pays on time, there will be no problem, but if he does not, he might lose the ownership of the car. The company publicly states that they are open to communication with their clients and that they will avoid this.
The client can access the platform from anywhere, as it mobile-based. This is one of the first companies in the world to actually let their customers require a loan remotely.
How to Invest in Finova Financial?
To invest in this company, you will have to buy their tokens during their sale. The tokens will act as shares, not exactly as a cryptocurrency to be used within the system. This means that by buying the Finova Financial’s tokens, you will be buying a share in the future profits of this company.
There is not much information about when the sale will be at the time of this report. The prices of the tokens are still not public, too, so if you plan to invest in this company, you should visit our blog from time to time to see if you can get more information about the upcoming sale before investing.
The Finova Financial Verdict
Investing in this company can be a good investment. They raise no red flags at all. The company seems legit and has a solid business plan about how to improve their business and make a profit. Not being a start-up, but a more structured company is also a plus.
Everybody linked to the direction of the company seems experienced, so there’s not a lot of visible risks for investors, which is good.
The best reason to invest in this company is that by buying their token, you are buying a share. This makes their tokens more valuable than most companies, which can help you in getting a bigger return on investment annually.
If Finova Financial seems like a good investment for you, there’s no argument for holding back your possible investment. You can invest in this company without being afraid of not doing an investment that is good enough or that will make you lose money in the end.