How LoanBack Works
LoanBack has created a very simple process for formalizing and servicing personal loans whether you are the lender or the borrower.
Step 1
Build Your Loan
Build Your Loan
It only takes a few minutes to set up a prospective loan using the LoanBack loan calculator.
Build Your Loan Step 2
Present Your Loan
Present Your Loan
Asking for a personal loan can be difficult. At LoanBack we can help you through the process by building a personalized loan proposal you can use when asking for your loan.
Build Loan Proposal Step 3
Select Product
Select Product
If you want to actively manage your loan, LoanBuilder is the product for you. If you just want a simple loan form, we have those too!
Compare Products Step 4
Agree to Terms
Agree to Terms
Collaborate with your Borrower on LoanBack to come to terms before finalizing your loan.
See Sample Loan Step 5
Track Your Loan
Track Your Loan
LoanBack will track the health of loan automatically or manually depending on which product you select. You can also use LoanBack to restructure your loan if needed.
See Sample Loan - company info
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