LENDER PROCESS | Enabling Finance Lim

THE LENDING PROCESS

You can become a part of the Finablr network as a lender by following the simple steps below:

Step 1:

Download the Finablr app from PlayStore (Android) or AppStore (IOS)

Step 2:

Register your account by submitting your basic ‘KYC’ information

Step 3:

Register your lending preferences such as loan limits, interest limits, term limits etc

Step 4:

You’re all done; now just sit back and relax and wait for loan requests from Finablr borrowers

Step 5:

Study and select the deal that interests you by either accepting it as is, or making a counter offer with the terms that suit you

Step 6:

Upon matching yourself with a Finablr borrower, contract e-signing comes next

Step 7:

Once e-signing is concluded, remittance of the loan funds to EFL becomes due

Step 8:

Repayments commence in accordance with the repayment schedule. Repayments are made less the commission deductable by EFL