Are you from short-term lending?

Earn up to 120% per annum by becoming a Suretly partner in your country
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How it works

Suretly is a first crowdvouching platform, which allows borrowers to find guarantors in order to obtain a shor-term loan.

Daily we and our partners receive many applications for assistance to obtain short-term loans.

We find a group of guarantors for each application, who will repay the loan in case of borrower's default, your task is to issue a loan and to notify us of its return.

In case of a defaulted loan within three working days the guarantors are required to repay the entire loan amount including interest.

You don't even need to worry about debt collection, because all mutual settlements with guarantors take place on Suretly side.

Benefits for lenders
from crowdvouched loans

Business growth

increase the volume of issuance by 30%

Cost savings

you won't have defaults on loans

Resources

you will reduce the burden on the debt collection department

Finance

you will increase the quantity of approved applications - at least by 30%

Profit

you will increase APR by 30%

send a request

Data obtained from pilot projects with Russian short-term lenders

How to start cooperation?

?
1

Sign the contract with Suretly and our partners (with payment provider and credit history service)

Open a settlement account in a partner bank. It will be used to issue/repay loans, and replenish it.

2
3

Start issuing risk-free loans at the rate of 120% per annum

Offline

€65 single-entry payment

€10/monthly per work place

0.5% of each issued loan

API

€130 single-entry payment

€40/monthly per work place

0.2% of each issued loan

Cloud

€10,550 single-entry payment

€265/monthly per work place

0.5% of each issued loan

In all options, the default risk is 0%. Guarantors are obligated to repay the entire loan amount, including the interest

Issuing crowdvouched loans is more profitable,
than regular short-term loans

Your profit will increase, even if you opt to lower the interest rate several times..

Regular
short-term loans*

Crowdvouched
loans

Applications (monthly)

Marketing & transaction costs (per application)

Average amount

Average loan term, days

Interest rate (% per day)

Default rate (%)

Approvement rate (%)

Loan volume

Revenue

35,200

13,850

You can enter your own paramenters & recalculate

recalculate

It is beneficial for guarantors as well

Guarantors receive a fee at a level of 5% of the surety amount

Research has confirmed interest in this area. Accordingly, at the end of 2016, the well-known financial service explored the interest of its users to the project. It turned out that one in two wants to earn on short-term loans!

Payment for guarantor service

Maximum lending rate:
0.33% per day / 120 % per annum

Maximum lendingterm:
30 days

Maximum amount:
$500 usd

Example:

Loan application: $200 usd

Cost of guaranty*: $20 usd**/monthly

The borrower will receive : $180 usd

The payment for guarantor service is made from the amount of the issued short-term loan

The cost of guarantor service depends on borrowers' credit score — so the more reliable the borrower is, he less they have to pay for guarantor service.

For the most reliable borrowers, the cost of guarantor service will not exceed 5% of the loan amount per month. Also, the borrowers may invite their friends to become guarantors — then the service will be free!