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To Build or to Buy?

by Cloud Lending Solutions

One of the hardest and most important decisions Marketplace Lenders have to take, is whether to Build or to Buy a technology solution. While building an in-house platform means spending more time on product development and implementation coupled with increased risk and cost, marketplace lenders focused on retaining their competitive advantage understand that they need to provide unique solutions to the market. Buying a tested and proven solution enables them to focus on their “secret sauce” and customizing it to suit the dynamic needs of their consumers.

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