A line of credit is a pool of available money that you can draw from any time, like a credit
Offer a secure and efficient line of credit accounts to your customers where they can withdraw, repay, and redraw funds as needed. Receive line of credit applications online or in-store. Customers can apply at any time, on any device, and from any location. Control everything; including grace periods, billing cycles, and loan repayment. You can even fund loans in real-time.
• Easy to use. Built with the input of 100’s of lenders
• Automate payment collections with our debit/credit card integrations
• Flexible underwriting rules, business rules, payment & billing schedules
• Mobile ready application, customer portal, and electronic signature
• Can configure separate Advance requirement (like an Advance agreement to be signed)
• Built-in billing statements to allow you to effectively communicate the status and details of a LOC with the customer
Infinity Gives you all the tools to succeed in Line of Credit Lending
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