Glossary

Last Mile Disbursements

This is getting money to its final destination and is always the most challenging part...

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Any potential consumer from whom a business has contact information, or a confirmed site/profile interaction

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Digital record of financial transactions.

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An online peer-to-peer lending platform that allows investors to fund loans for individuals or businesses.

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Lending Technology enables people to securely access loans and banking services online. Banks and other...

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A document declaring the preliminary commitment of one party to do business with an additional....

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Debts and financial obligations of a company.

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Life insurance that offers financial protection to the beneficiaries in the event of the insured...

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An order placed on an exchange to buy or sell an asset at a certain...

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Liquidity can refer to two things. Most commonly, it is employed to describe the quality...

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Risk associated with insufficient liquidity to meet the financing needs of the company.

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Software employed by lenders to generate and service a loan in front of the borrower.

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Ratio between the loan value and the value of the underlying asset.

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The reference interest rate employed for loans.

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Low-Code/No-Code (LCNC) is a software development approach that uses specialized frameworks and platforms to create...

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Technology that reduces latency in financial transaction processing times.

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