It operates independently of any central bank and can be transferred without going through a bank and therefore forms as the basis of decentralized currency. (kryptomoney.com)
If you're able to negotiate owner financing instead of going through a bank, your lack of credit may not be a factor. (creditsesame.com)
The loan process is also often faster when going through a bank since they can complete many transactions in a short amount of time. (thefreefinancialadvisor.com)