Here’s what PeerLender useflow looks like
Select your category
Lender
Create a Lender’s account on PeerLender
Borrower
Create a Borrower’s account on PeerLender
1
Register account
Create a new account by providing necessary details, enabling access to personalized features and services.
2
Setup your profile
Complete your details to make the most out of available features
3
Request or offer a loan
You can either apply for a loan or provide loans to others.
4
Review and accept loan terms
Carefully reading the loan conditions, including interest rates and repayment details, and agree to finalize the loan.
5
Fund transfer
Move funds between accounts, either within the platform or across different banks.
6
Repayment
Borrowed funds according to the agreed schedule and interest would be funded to lender’s account either through direct debit on borrower's account or their wallet.