How it works
From the first request
to the final payment.
Lend to the people and businesses you know, with the agreement, funding, and repayments in one place. Friendly handles the day-to-day work, so you can focus on the relationship.
A loan to someone
you know.
Your daughter Emma asks to borrow $25,000 to renovate her home. Her request gives you a place to start: what she needs, why, and how she plans to repay you.
Illustrative loan at 4.5% interest.
Your agreement,
prepared for you.
You and Emma agree on the terms, with rate guidance from Friendly. We prepare the documents and bring you both through signing. The agreement stays with the loan.
Funding, coordinated by Friendly.
You authorize the funding. Friendly coordinates the transfer and keeps the record with Emma’s loan.
Your repayments,
managed.
Friendly records each payment and updates the balance. You can follow repayment and review any changes that need your decision.
