Lending Guru

If you are like us, then you have probably witnessed first-hand how relationships between friends and family becomes strained and damaged when loans between them (F2F lending) have not been accurately documented, managed or tracked. This is because key details are often overlooked or conveniently forgotten. We know that the primary reason why over 75% of F2F lending occurs verbally or on the back of a napkin is that going to a lawyer to have a loan agreement drafted, attempting to set up a payment system and tracking the loan properly is expensive, time consuming and a big hassle. Whether you are the lender or borrower, creating a loan for $500 or $500, 000, Lending Guru will show you how to lend and borrow it right! CREATE. MANAGE. TRACK. DONE. How it works. Lending Guru: - allows the borrower(s) and lender to collaborate securely online by capturing the agreed upon loan details then immediately generates a term sheet, promissory note and loan agreement that are legitimate and compliant with tax agencies in their relevant jurisdiction- removes the awkwardness of requesting and collecting loan payments with its automatic payment management system including instant alerts in case of a delayed payment or default- provides full transparency and ongoing reporting so that all parties know exactly where things are at in real time, or at any timeLending Guru. Lending Done Right!
Social Link - Linkedin: http://www. linkedin.com/company /lending-guru
Employee Count: 3
Keywords: financial services