2026-09-07T05:50:43Zhttps://riubu.ubu.es/oai/requestoai:riubu.ubu.es:10259/114412026-02-27T01:05:45Zcom_10259_9622com_10259_5086com_10259_2604col_10259_9623
Repositorio Institucional de la Universidad de Burgos
author
Ribeiro Navarrete, Samuel
author
Calderón Monge, Esther
author
Huerta Zavala, Pilar Angélica
author
Palacios Marqués, Daniel
2026-02-26T08:59:48Z
2026-02-26T08:59:48Z
2025-10
1751-6757
https://hdl.handle.net/10259/11441
10.1504/EJIM.2025.149298
1751-6765
Crowdlending is becoming an increasingly viable financing alternative for companies and individuals. This paper analyses the combined use of reward-based crowdfunding and crowdlending to finance ventures. It also examines the use of crowdlending to secure funding. Specifically, the paper studies the cases of two companies from different sectors (watchmaking and quality wine) and at different stages of the business life cycle (early years and maturity). The crowdlending projects, platforms and types of loans used by these two companies also differ. Analysis based on the case study method indicates that, for early-stage ventures, the combination of crowdfunding for business creation and crowdlending to support business operations is an effective way of securing funding an entrepreneurial venture. Moreover, crowdlending is the most suitable way to secure funding for a project at an existing firm. Using a crowdlending platform with a large community of investors ensures that borrowers achieve the funding they seek, as long as the loan offers high returns and low risk or the business idea has a positive impact on the planet or society.
eng
Crowdlending
Crowdfunding
Entrepreneurship
Fintech
Wine
Watches
From crowdfunding to crowdlending: the cases of Acero Watch and Perinet Winery
info:eu-repo/semantics/article
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URL
https://riubu.ubu.es/bitstream/10259/11441/1/Ribeiro-ejim_2025.pdf
File
MD5
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668013
application/pdf
Ribeiro-ejim_2025.pdf