Vancouver BC Company Expands Popularity of Unique Lending and Borrowing Concept

(Newswire.net — August 24, 2017) Vancouver, BC — The rapidly growing company, Urbanshare.ca, has expanded their local market share and popularity with a highly unique lending and borrowing concept. This company, which is based in Vancouver, started this new concept just over a year ago and it allows those in the area to lend and to borrow almost anything from others in the area. One of the ideas that has fueled this concept is based on the benefits a building a community and economy based around sharing.

Urbanshare.ca will, of course, receive a small fee for providing the systems and platform that makes it convenient for customers to gain access to a highly diverse range of products in their local communities. This system has been saving its users money and time as well as helping them to connect with neighbors throughout their area and will eventually expand out to other areas of Canada. Already, customers are finding it a perfect way to access electronics, video games, tools, outdoor equipment, as well as clothing, party supplies, and many other items where they do not need to purchase them outright and only need to ‘borrow’ for short-term use.

Urbanshare.ca is creating a way for people in the community to earn an income from items that others are interested in but they are not currently in need of or using. Over the past year they’ve continued to improve their website user experience and ensure that the platform remains very easy to use – and integrate market-leading security features to provide safety for lenders and borrowers using the site. Their system is set up so that users are able to use a smartphone app that makes it very simple and only requires a couple of photos along with a description and setting a reasonable hourly or daily/weekly rate for those who would like to borrow the item.

The philosophy around this idea is simply that access is more important than ownership, and it’s a unique spin on the “Peer to Peer lending” model that has been used by financial organizations with microlending and similar approaches. Rather than having to buy something at the retail price and then when not using it store it somewhere, a person can borrow it for a reasonable fee and the one that owns it can earn from it rather than just having it stored. This idea has caught on in Vancouver and the company has experienced healthy growth over the last 12 months – likely attributed in part to the high cost of living in the city, and where maximizing available budget through borrowing, not purchasing, makes sense.

Because the system is very convenient and helps users by saving them time and money it is poised to grow exponentially over the next couple of years. Anyone interested in earning or saving money using this concept can visit their site at https://www.urbanshare.ca.