Helping Lenders and Borrowers
Towards a Better Financial Growth
The company has created a platform to spread awareness to help the Lenders and Borrowers to a better financial growth. SOL is not here to grab the right people for the right business, instead it is here for uplifting people who would like to come out of the debt, and serve them with best possible assistance required. The role of the company is to get the Lenders/Borrowers to increase their business appetite with the taste of fusion, which can only happen where there is an ongoing increase in the number of happy Lenders for eligible Borrowers. The registered lenders will provide customised financial schemes as per requirements of the Borrowers . It will also provide the best possible loan tenures between Lenders and Borrowers, keeping in mind the suitable returns for Lenders, and suitable terms for Borrowers. This is achieved by negotiating existing agreements for changed tenure or payouts between Lenders and Borrowers. We have a self rating system for both. This is achieved by providing information of over leveraged Borrowers to the Lender community across India.
Borrower
A borrower is an individual or entity that is using money, assets, or services on credit. The concept most commonly applies to the lending of funds, where a borrower applies for a loan, and there is a credit evaluation by the lender. The lender may also require that the borrower provide collateral that the lender can access if the loan is not repaid in a timely manner. The borrower agrees to certain repayment terms and conditions as part of the loan agreement.
Lender
A lender is an individual, a public or private group, or a financial institution that makes funds available to a person or business with the expectation that the funds will be repaid. Repayment includes the payment of any interest or fees.