MutualLoans is person-to-person lending platform where individuals known to each other come together to lend and borrow money without the need for going through banks or other financial intermediaries – lenders get a better rate of return and borrowers get loans at a lower rate.
While the financial benefit of a loan transaction between friends & family members is very evident, the process of reaching out, discussing & setting up a loan is awkward, cumbersome and often open to miscommunication.
MutualLoans bridges this gap by providing a platform to ensure that all communication, documentation and the repayment is simple and clear. Thus expanding access to easy and affordable finance on one hand and protecting & strengthening relationships on the other.
Company Details
- Founded
- -
- Industry
- Financial Services
- NAICS
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Finance and InsuranceMonetary Authorities-Central Bank
- Competitors
- My Chill Bill, Bindal Univentures LLC, dentsu.
Mutualloans Questions
Mutualloans's LinkedIn profile is https://www.linkedin.com/company/mutualloans
Mutualloans's industry is
Financial Services
Mutualloans's categories are Financial Services
Mutualloans's founding year is 2012
