BorrowFlex is a service that enables peer-to-peer borrowing and lending among friends or people sharing the same interest. The service enables responsible borrowers to get short-term loans from people they know, understand their situation, and trust them.The borrowers can use the money to pay for the necessary expenses such as rent, doctor visit, utilities, car repair, etc. BorrowFlex is designed to integrate the features of the digital wallets into the borrowing, lending, repayment, and management operations.
PRODUCTS & SERVICES:
P2P short term loans for consumers to cover unexpected expenses.
It offers low interest rates for borrowers in their peer network and also provides online tools to manage the loans.
Viewable by subscribers only
It keeps track of the loan activities, notifications, and payment schedule for the borrowers and the lenders to review.