Buy Back Loans
In order to service more customers, online and traditional lenders typically need to raise funds fast and at affordable rates. FINT is now partnered with these lenders to raise capital to lend to their customers at the most competitive rates without any hassles.
These lenders fund their borrowers, at a certain rate and tenor, these disbursed loans are then made available to lenders on FINT at a lower interest rate in order to raise capital ahead of payback by their borrowers. The lending companies pays back monthly.
What are the risks?
The risk of most loan Lending is the concern as to what happens in the event of default, this risk is minimised as the originators of these loans provide a buy back guarantee.
The buyback guarantee means that if the loan is delayed by more than 0-30 days, the lending company will repurchase the Lending for the nominal value of the principal and accrued interest. This process of repurchase is automatic and there is no requirement from the lender.
Online Lending platform
-
Lend from any internet enabled device.
-
Pick from a variety of loan requests.
-
Lend with a few clicks using with your credit/debit card or from your bank account.
-
View your Lending and reports 24/7 from your dashboard.
Diversify your portfolio
-
Diversify your Lending portfolio by Lending in alternative products.
-
Earn monthly returns between 1.5% - 2%
-
Earn true returns above the prevalent rate of inflation.
