Lending between related parties is a massive global market – whether it’s low-value loans between individuals, parents providing the deposit for a house, seed funding for start up businesses or businesses lending to directors .
Loans between related parties can have comparatively low financial costs , and have lower approval hurdles compared to traditional loans. Parents lend to children, friends to friends, and businesses to related businesses – providing the borrower with an easier route to receiving money.
Credi.com is a world-first relationship-lending platform that empowers ‘The Bank of Us’. It is an efficient, cost-effective means of formalising loan agreements between family members, friends and businesses. It reduces the stress, heartache and potential risk of default.
Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.
- To empower individuals to manage their financial loan arrangements with others – leveraging these important relationships with properly established, documented and managed agreements throughout their existence.
- To support and promote accountability, transparency and fairness in peoples financial dealings with each other through a world class cloud based application
- To reduce friction and inspire trust in agreements entered into.