Introducing Instant Lend by Credora: Simplified Access to Lending Opportunities

• Instant Lend is one seamless interface that aggregates on-chain and off-chain lending opportunities scored by Credora.
• Lenders can filter for their target terms to optimize portfolio construction across a network of creditworthy borrowers.
• Credora’s licensed agency lender simplifies operational requirements for lenders and borrowers.
• Recurring loan auctions concentrate activity and foster a competitive market.
• User custody is segregated and powered by Metaco, ensuring ultimate transparency.

Instant Lend brings loan execution to the Credora platform! The innovative solution aggregates on-chain and off-chain lending opportunities and is available for qualified institutions. Instant Lend provides a seamless interface to make lending decisions, streamlining the lending process for borrowers and lenders.

In the last year, legacy lending models in crypto demonstrated fundamental issues. Alongside its partners, Credora has been working towards more secure and efficient markets. Instant Lend aims to restore confidence in the lending market by delivering optionality and transparency.

Lending opportunities across on-chain applications — including Clearpool, Obligate, Idle and Atlendis — and Credora’s licensed agency lender are aggregated on Instant Lend. Lenders can easily find and allocate to the borrower of their choice through various channels and according to their risk appetite. Credora’s licensed agency lender provides a familiar off-chain legal structure, opening access to a network of counterparties through one onboarding. The platform’s existing due diligence, risk monitoring, and credit rating features complement Instant Lend, providing lenders a single platform to make and execute data-driven lending decisions.

Key Features of Instant Lend

• Filter Lending Opportunities: Instant Lend allows capital allocators to filter lending opportunities by borrower, asset, credit rating, channel (e.g. Clearpool), interest rate, and loan term.
• Recurring Firm Quote Auctions: Borrowers input quotes for 1-month loans on a recurring auction schedule. While a quote is live, the interest rate and amount can be modified by the borrower. Notifications are generated on any fill, and at the expiry of the quote, a single term sheet is automatically generated for the borrower and each lender.
• Segregated Custody and Transparency: Each user benefits from segregated custody accounts, providing transparency in fund flows as loans are settled. Multiple layers of user authentication are required for any withdrawal or movement from client vaults.
• Loan Monitoring: Users can easily monitor the state of their active loan details, including accrued interest and the remaining days. Loans are repaid by borrowers before the next loan cycle begins, allowing lenders to maintain or modify exposures.

Instant Lend leverages Credora’s proven track record of facilitating over $1 billion in unsecured loans and its position as the leading credit underwriting platform, ensuring the highest level of security, user privacy, and flexibility for institutions.

The Instant Lend roadmap includes adding new partner protocols and applications, collateralized loans, and customizable loan terms in Q3. By continuously enhancing the solutions and expanding our partner networks, we strive to diversify lending opportunities available to our valued users.

Explore Instant Lend today and browse lending opportunities across various channels, compare interest rates and terms, and access borrower credit information seamlessly.

To learn more about Credora and our mission to build confidence in credit markets, please visit our website at credora.io or connect with us on LinkedIn and Twitter.