A revolving facility, not a one-time loan
A line of credit isn’t a single disbursement with a fixed repayment schedule. It’s a standing limit the borrower draws against and repays over time, with the available balance replenishing as they pay down the balance. The platform models this as a revolving facility from the start, not as a workaround on top of instalment lending logic.
Repayment timing the borrower controls
Borrowers can select their own repayment date, commonly aligned to payday, with the schedule and interest calculation recalculating automatically around that choice. This is configured per product, not hardcoded.
Interest and balance, handled automatically
Interest is debited against the outstanding balance on the schedule you define. Borrowers and your team both see a live, transparent balance, there’s no batch reconciliation step between drawdown and what shows on the account.
Decisioning and data access
The same solvency assessment engine used across the platform applies here, alongside automated document generation and distribution. Balance and transaction data are available through database export or the API, so reporting isn’t locked inside the platform.